PART 3REPORTING FUNDS AND THE TREATMENT OF PARTICIPANTS IN REPORTING FUNDS
CHAPTER 6TRANSACTIONS BY CERTAIN REPORTING FUNDS WHICH ARE NOT TREATED AS TRADING
Investment transactions carried out by diversely owned funds
Treatment of investment transactions carried out by diversely owned fundsC1C280
1
This regulation applies if a diversely owned fund carries out an investment transaction in an accounting period.
2
The investment transaction is treated as a non-trading transaction.
F23
For the purposes of these Regulations an “investment transaction” is an investment transaction specified by regulation 2 of the Investment Transactions (Tax) Regulations 2014.
Meaning of “investment transaction”F181
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Meaning of “relevant contract”: generalF182
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Meaning of “relevant contract”: optionsF183
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Meaning of “relevant contract”: futuresF184
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Options and futures: further provisionsF185
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Meaning of “relevant contract”: contracts for differencesF186
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Interpretation of regulation 81(c)F187
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Meaning of “units in a collective investment scheme”F188
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Meaning of “transaction in a carbon emission trading product”F189
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