Investment conditions to be met by funds seeking certification as distributing fundU.K.
13(1)Section 760 of the Taxes Act 1988 (non-qualifying offshore funds) is amended as follows.U.K.
(2)In subsection (3) omit paragraphs (b) to (d) and the word “or” preceding paragraph (b).
(3)Omit subsections (4) to (7).