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Regulation 69Z59 Allocation of incomeF1F3

United Kingdom

(F21)

The total amount available for income allocation in a Tax Elected Fund shall be attributed as follows.

(2)

There shall be attributed to TEF distributions (dividends)—

(a)

dividend income,

(b)

property investment income, and

(c)

property business income.

(3)

Other income shall be attributed to TEF distributions (non-dividend).

Annotations

Textual amendments

F1

Pt. 4B inserted (1.9.2009) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2009 (S.I. 2009/2036), regs. 1, 24

F2

Reg. 69Z59(1) substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2010 (S.I. 2010/294), regs. 1(1), 18(3) (with reg. 24)

F3

Reg. 69Z59 heading substituted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2010 (S.I. 2010/294), regs. 1(1), 18(2) (with reg. 24)