# The Co-ownership Contractual Schemes (Tax) Regulations 2025, Regulation 62: Amendment of The Co-ownership Authorised Contractual Schemes (Tax) Regulations 2017


The Co-ownership Authorised Contractual Schemes (Tax) Regulations 2017 are amended as follows—
(a) in regulation 2 (interpretation), after the definition of “HMRC” insert—
““Reserved Investor Fund (Contractual Scheme)” has the meaning given by section 20 of the Finance (No.2) Act 2024.”;
(b) in regulation 3 (interpretation: Part 2)—
(i) after “to a CoACS” insert “or a Reserved Investor Fund (Contractual Scheme)”;
(ii) after “of the CoACS” insert “or the Reserved Investor Fund (Contractual Scheme)”;
(c) in the heading to regulation 5, at the end insert “or Reserved Investor Fund (Contractual Scheme)”;
(d) in regulation 5 (information to be provided to other CoACS), in paragraph (1), after “made for the purposes of a CoACS” insert “or Reserved Investor Fund (Contractual Scheme)”;
(e) in regulation 8 (penalty for failing to provide information)—
(i) in paragraph (1), for “£60 for each offence” substitute “£100 for each offence”;
(ii) in paragraph (2), for “£600” substitute “£1000”.

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Source: https://www.legislation.gov.uk/uksi/2025/200/regulation/62 (the official version)
Page: https://openlegislation.uk/co-ownership-contractual-schemes-tax-regulations-2025/regulation-62
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.