# The Authorised Investment Funds (Tax) Regulations 2006, Regulation 56: Measuring dates and meaning of “chargeable measuring date”


(1) Each of the following is a measuring date—
(a) the first measuring date (see regulation 64);
(b) in a case where a participant already owns a substantial QIS holding in a qualified investor scheme, the date on which the participant acquires additional units in the qualified investor scheme;
(c) any reporting date;
(d) the date on which there is a disposal of part of the substantial QIS holding (see regulation 67);
(e) the date on which there is a disposal of the whole of the substantial QIS holding (see regulation 68);
(f) the date of the participant’s death.
(2) In this Chapter a “chargeable measuring date” means any measuring date other than the first measuring date.

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Source: https://www.legislation.gov.uk/ukdsi/2006/0110740300/regulation/56 (the official version)
Page: https://openlegislation.uk/draft-authorised-investment-funds-tax-regulations-2006/regulation-56
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.