Regulation 71 | Income from non-reporting funds if first case ceases to apply

(1)This regulation applies if—

(a)a reporting fund has an interest in a non-reporting fund, and

(b)the conditions in regulation 69(2) have been met for an earlier period of account but are no longer met for a later period of account.

(2)Regulation 70 applies for the later period of account and for all subsequent periods of account.