{
  "url": "https://openlegislation.uk/co-ownership-contractual-schemes-tax-regulations-2025/regulation-22",
  "json_url": "https://openlegislation.uk/co-ownership-contractual-schemes-tax-regulations-2025/regulation-22.json",
  "legislation": "uksi/2025/200",
  "legislation_title": "The Co-ownership Contractual Schemes (Tax) Regulations 2025",
  "legislation_url": "https://openlegislation.uk/co-ownership-contractual-schemes-tax-regulations-2025",
  "path": "regulation/22",
  "kind": "regulation",
  "number": "22",
  "heading": "Exit notices",
  "text": "(1) The operator of a RIF may give an exit notice for the purpose of the scheme ceasing to be a RIF.\n(2) An “exit notice” means a notice given to HMRC setting out—\n(a) the date from which the scheme is to be treated as having ceased to be, or will cease to be, a RIF, and\n(b) the reasons for the operator of the RIF’s decision that the scheme is to be treated as having ceased to be, or will cease to be, a RIF.\n(3) An exit notice may be made at any time—\n(a) prior to the date specified in the notice for the purposes of paragraph (2)(a), or\n(b) before the end of the period of 3 months beginning with that date.\n(4) The RIF will cease to be, or be treated as having ceased to be, a RIF from the beginning of the date specified in the exit notice.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2025/200/regulation/22",
    "retrieved_at": "2026-10-28T21:20:08.412857+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}