Supplementary

Definitions24

1

In these Regulations—

  • “the Commissioners” means the Commissioners for Her Majesty's Revenue and Customs,

  • “the tribunal” means the First-tier Tribunal or, where determined by or under Tribunal Procedure Rules, the Upper Tribunal,

  • “US Treasury Regulations” mean the US Regulations Relating to Information Reporting by Foreign Financial Institutions and Other Foreign Entities M1.

2

The following table lists the places where expressions that apply for the purposes of these Regulations are defined or otherwise explained—

Expression

Regulations

The DAC

The CRS

The FATCA agreement

account holder

Section VIII(E)(1) of Annex I

Section VIII(E)(1) of the CRS

Article 1(1)(ee)

annuity contract

Section VIII(C)(6) of Annex I

Section VIII(C)(6) of the CRS

F6CRS

F6regulation 1(3A)

cash value insurance contract

Section VIII(C)(7) of Annex I

Section VIII(C)(7) of the CRS

the Commissioners

regulation 24(1)

controlling person

Section VIII(D)(5) of Annex I

Section VIII(D)(6) of the CRS

Article 1(1)(mm)

F6custodial account

F6Section VIII(C)(3) of Annex I

F6Section VIII(C)(3) of the CRS

F6Article 1(1)(u)

the DAC

regulations 1(3)(a)

entity

Section VIII(E)(3) of Annex I

Section VIII(E)(3) of the CRS

Article 1(1)(hh)

excluded accounts

Schedule 2

Section VIII(C)(17) of Annex I

Section VIII(C)(17) of the CRS

the FATCA agreement

regulation 1(3)(c)

financial account

Section VIII(C) of Annex I

Section VIII(C) of the CRS

Article 1(1)(s)

financial institution

F1regulation 1(5A)

F1Section VIII(A)(3) of Annex I

F1Section VIII(A)(3) of the CRS

F4high value account

F4Section VIII(C)(15) of Annex I

F4Section VIII(C)(15) of the CRS

F4Section II(D) of Annex I

F4NFE

F4Section VIII(D)(6) of Annex I

F4Section VIII(D)(7) of the CRS

F2investment entity

F2regulation 1(5A)

F2Section VIII(A)(6) of Annex I

F2Section VIII(A)(6) of the CRS

new account

Section VIII(C)(10) of Annex I

Section VIII(C)(10) of the CRS

non-participating financial institution

Article 1(1)(r)

F5non-reporting financial institution

F5Section VIII(B)(1) of Annex I

F5Section VIII(B)(1) of the CRS

participating jurisdiction

Schedule 1

Section VIII(D)(4) of Annex I

Section VIII(D)(5) of the CRS

F8pre-existing account

F8regulation 3(4A)

F8Section VIII(C)(9) of Annex I

F8Section VIII(C)(9) of the CRS

F8Article 1(1)(aa)

F8pre-existing entity account

F8. . .

F8Section VIII(C)(13) of Annex I

F8Section VIII(C)(13) of the CRS

F8Section IV of Annex I

F7related entity

F7regulation 3(4A)

F7Section VIII(E)(4) of Annex I

F7Section VIII(E)(4) of the CRS

reportable account

regulation 2

Section VIII(D)(1) of Annex I

Section VIII(D)(1) of the CRS

Article 1(1)(bb)

F7reportable jurisdiction

F7Section VIII(D)(4) of the CRS

reporting financial institution

Section VIII(A)(1) of Annex I

Section VIII(A)(1) of the CRS

Article 1(1)(n)

reportable person

F3Section VIII(D)(2) of Annex I

F3Section VIII(D)(2) of the CRS

relevant agreement

Regulation 1(5)

F7specified financial institution

F7regulation 12A(3)

F7specified relevant person

F7regulation 12A(4)

specified U.S. person

Article 1(1)(gg)

the tribunal

regulation 24(1)

F7UK representative

F7regulation 11(2)

U.S. reportable account

Article 1(1)(dd) and paragraph I.B of Annex I

U.S. Treasury Regulations

regulation 24(1)