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Contents

Official guidance
Investment Funds Manual

IFM09850 · Umbrella schemes

  • IFM09855 · Introductions
  • IFM09860 · Restriction condition
  • IFM09865 · Becoming a reserved investor fund
  • IFM09870 · Ceasing to be a reserved investor fund
  • IFM09875 · Notification requirements
  • IFM09880 · Capital Gains
  1. Umbrella schemes: contents
  2. Umbrella schemes: restriction condition

IFM09860 | Umbrella schemes: restriction condition

From HM Revenue & Customs · Investment Funds Manual

Regulation 42 requires each sub-scheme to meet at least one of the restriction conditions in order for the umbrella scheme to itself meet the restriction requirement under Regulation 10. That regulation sets out how the language in various other regulations is adapted so that it works effectively when considering an umbrella scheme.

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