# The Unauthorised Unit Trusts (Tax) (Amendment) Regulations 2014, Regulation 3: Exclusion of certain unit trusts from meaning of “exempt unauthorised unit trust” and “non-exempt unauthorised unit trust”


In regulation 3(1)—
(a) at the end of paragraph (b) omit “and”, and
(b) at the end insert—
“, and
(d) it is not treated by regulations made in exercise of the powers conferred by section 1007(2) of ITA 2007 as not being a unit trust scheme for the purposes of the definition of “unauthorised unit trust” in section 989 of that Act.”

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Source: https://www.legislation.gov.uk/uksi/2014/585/regulation/3 (the official version)
Page: https://openlegislation.uk/unauthorised-unit-trusts-tax-amendment-regulations-2014/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.