The Offshore Funds (Tax) (Amendment No. 2) Regulations 2013 No. 1411

Equalisation amounts not treated as distributions

10.  In regulation 99 (disposal of interests), in paragraph (2A)(1) for “under regulation 94A(2)(b)” substitute “in the actual distribution under regulation 94A(2)”.

(1)

Paragraph (2A) was inserted by S.I. 2011/1211.