The Collective Investment Schemes (Tax Transparent Funds, Exchanges, Mergers and Schemes of Reconstruction) Regulations 2013 No. 1400

Amendments in relation to exchanges, mergers and schemes of reconstruction

12.  In section 288 (interpretation), in subsection (1), at the appropriate place insert—

““offshore fund” has the meaning given in section 355 of TIOPA 2010 (but where two or more offshore funds make up a collective investment scheme they are to be treated as a single offshore fund subject to section 99A of this Act));”.