# The Investment Trust (Approved Company) (Tax) Regulations 2011, Regulation 16: Winding up of company approved as investment trust – further conditions


(1) Paragraph (2) of regulation 15 shall only apply if paragraphs (2) to (4) of this regulation are met.
(2) The Commissioners must be notified in writing that the company is being wound up.
(3) The notice under paragraph (2) must be given within one year beginning with the date on which the winding up started.
(4) The Commissioners must be satisfied that the realisation period referred to in regulation 15 has not been unreasonably prolonged.

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Source: https://www.legislation.gov.uk/ukdsi/2011/9780111516683/regulation/16 (the official version)
Page: https://openlegislation.uk/draft-investment-trust-approved-company-tax-regulations-2011/regulation-16
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.