# The Authorised Investment Funds (Tax) Regulations 2006, Regulation 69Z45: Conditions for this Part to apply to fund


In order for this Part to apply to an authorised investment fund in respect of an accounting period—
(a) the following conditions (the “TEF conditions”) must be met—
(i) the property condition (see regulation 69Z46);
(ii) the genuine diversity of ownership condition (see regulation 9A);
(iii) the loan creditor condition (see regulation 694Z47); and
(iv) the scheme documentation condition (see regulation 69Z48); and
(b) an application for this Part to apply must be accepted by HM Revenue and Customs (see regulations 69Z49 to 69Z53).

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Source: https://www.legislation.gov.uk/uksi/2006/964/regulation/69Z45 (the official version)
Page: https://openlegislation.uk/authorised-investment-funds-tax-regulations-2006/regulation-69Z45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.