# The Co-ownership Contractual Schemes (Tax) Regulations 2025, 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.

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Source: https://www.legislation.gov.uk/uksi/2025/200/regulation/45 (the official version)
Page: https://openlegislation.uk/co-ownership-contractual-schemes-tax-regulations-2025/regulation-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.