Search Legislation

Finance Act 2004

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Cross Heading: Treatment of umbrella funds and funds comprising more than one class of interest

 Help about opening options

Version Superseded: 01/12/2009

Alternative versions:

Status:

Point in time view as at 06/04/2007.

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 2004, Cross Heading: Treatment of umbrella funds and funds comprising more than one class of interest. Help about Changes to Legislation

Treatment of umbrella funds and funds comprising more than one class of interestU.K.

5U.K.In section 758 of that Act (offshore funds operating equalisation arrangements), after subsection (6) insert—

(7)The Treasury may make provision by regulations as to the application of the provisions of this section in relation to—

(a)a part of an umbrella fund which is treated as an offshore fund under section 756B, or

(b)a class of interest in an offshore fund which is treated as an offshore fund under section 756C.

(8)Regulations under subsection (7) may—

(a)make different provision for different cases, and

(b)include such supplementary, incidental, consequential or transitional provisions (including provisions modifying the effect of other enactments) as appear to the Treasury to be necessary or expedient..

Back to top

Options/Help