SCHEDULE 3Abbreviations and Defined Expressions
PART 2Index of expressions defined or otherwise explained in these Regulations
Words in Sch. 3 Pt. 2 inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Offshore Funds (Tax) (Amendment) Regulations 2011 (S.I. 2011/1211), regs. 1(1), 43(3)(b)
Words in Sch. 3 Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Investment Transactions (Tax) Regulations 2014 (S.I. 2014/685), regs. 1(1), 8(4)
F2Accounting income (in Part 3) | Regulation 72B(8) |
F1Acquisition by way of initial purchase (in Part 4) | Regulation 72(4) |
Applicant (in Part 3) | Regulation 51(3) |
Application (in Part 3) | Regulation 51(3) |
Basic gain | Chapter 5 of Part 2 |
F1Computation period (in Part 4) | Regulation 92C |
Constant NAV fund | Regulation 118 |
Diversely owned fund | Regulation 73(2) |
Eligible offshore fund (in Part 3) | Regulation 51(3) |
F1Equalisation amount per unit of interest (in Part 4) | Regulation 92(3)(ba) |
F1Equalisation amount (in Part 4) | Regulation 72(2) |
Equivalence condition | Regulation 74 |
Existing fund application (in Part 3) | Regulation 51(3) |
Financial trader (in Chapter 8 of Part 3) | Regulation 105 |
Fund distribution date | Regulation 94(4) |
F1Fund operating equalisation arrangements (in Part 4) | Regulation 50A(a) |
F1Fund operating full equalisation arrangements (in Part 4) | Regulation 50A(b) |
Future fund application (in Part 3) | Regulation 51(3) |
Genuine diversity of ownership condition | Regulations 75 and 76 |
Guaranteed return fund | Regulation 9 |
HMRC | Regulation 12 |
HMRC intervention | Regulation 108(6) |
Interest (of a participant in an offshore fund) | Regulation 8 |
F3. . . | F3. . . |
Main arrangements | Regulation 6 |
Manager (in Part 3) | Regulation 51(3) |
Market value | Regulation 10 |
Material disposal | Regulation 15 |
Minor breach | Regulation 108(4) |
Non-reporting fund | Regulation 4(2) |
Offshore fund | Regulation 3 |
Offshore income gain | Chapter 5 of Part 2 |
OIG amount | Regulation 20(2) |
Participant (in a fund) | Regulation 7 |
Period of account | Regulation 12 |
Proposed prospectus | Regulation 12 |
Prospectus | Regulation 12 |
F1Regulated market | Regulation 12 |
Relevant group of sections | Regulation 12 |
Reportable income | Chapter 5 of Part 3 |
Reported income | Regulation 92(2) |
Reporting fund | Regulation 50 |
Reporting period | Regulation 91 |
Serious breach | Regulation 108(3) |
Tax year | Regulation 12 |
TCGA disposal (in Chapter 6 of Part 2) | Regulation 44(2) |
This group of regulations (in Chapter 8 of Part 3) | Regulation 102(2) |
Transparent fund | Regulation 11 |
F1Transparent reporting fund | Regulation 89A(2) |
Tribunal | Regulation 12 |
UCITS fund | Regulation 12 |
Umbrella arrangements | Regulation 5 |
Words in Sch. 3 Pt. 2 substituted (28.6.2013) by The Offshore Funds (Tax) (Amendment No. 2) Regulations 2013 (S.I. 2013/1411), regs. 1(1), 12 (with reg. 1(3)(4))