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HMRC internal manual

Investment Funds Manual

IFM09875 - Umbrella schemes: notification requirements

Regulation 45 requires the operator of an umbrella RIF to notify HMRC within a period of 30 days, if either:

  • a sub-scheme of the RIF is wound up
  • a new sub-scheme of the RIF is established, and which of the restriction conditions is met by the new sub-scheme