# The Authorised Investment Funds (Tax) Regulations 2006, Regulation 85E: Interests in funds treated as not being interests in non-reporting funds

Extent: E+W+S+N.I.

(1) For the purposes of regulation 85D(1) the interests specified in paragraph (2) shall not be regarded as interests in non-reporting funds.
(2) The interests specified are—
(a) any interest in an offshore fund in respect of which, by virtue of regulation 29 or 30 of the Offshore Funds Regulations, no liability to tax would arise under regulation 17 of those Regulations on a disposal of that interest; and
(b) any interest of an authorised investment fund in a non-reporting fund which meets the conditions in regulation 14ZA(2).

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Source: https://www.legislation.gov.uk/uksi/2006/964/regulation/85E (the official version)
Page: https://openlegislation.uk/authorised-investment-funds-tax-regulations-2006/regulation-85E
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.