Finance Act 2009 (c. 10)

SCHEDULES

SCHEDULE 22 U.K. Offshore funds

Part 1 U.K. Meaning of “offshore fund”

FA 2008 U.K.

3 (1) Section 41 (tax treatment of participants in offshore funds) is amended as follows. U.K.

(2) In subsection (2), omit the definition of “offshore fund” (and the “and” before it).

(3) Omit subsections (3) to (9).