# The Authorised Investment Funds (Tax) Regulations 2006, Regulation 5: Interpretation of expressions relating to authorised unit trust schemes


(1) In these Regulations “unit trust scheme” has the meaning given by section 237 of FISMA 2000.
(2) For the purposes of these Regulations a unit trust scheme is authorised in relation to an accounting period if an order under section 243 of FISMA 2000 is in force in relation to that scheme during the whole or part of that accounting period.
(3) In these Regulations “unit holder” means a person entitled to a share of the investments subject to the trusts of a unit trust scheme.

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110740300/regulation/5 (the official version)
Page: https://openlegislation.uk/draft-authorised-investment-funds-tax-regulations-2006/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.