Regulation 45 Umbrella schemes: additional notification requirements
(1)
The operator of an umbrella RIF must notify HMRC if—
(a)
a sub-scheme of the RIF is wound up, or
(b)
a new sub-scheme of the RIF is established.
(2)
A notice—
(a)
under paragraph (1) must be submitted to HMRC within a period of 30 days, beginning with the day on which the event in paragraph (1) occurred;
(b)
under paragraph (1)(b) must additionally include which of the restriction conditions is met by the new sub-scheme.