Regulation 69F Meaning of “property investment business”F1

United Kingdom

(1)

In this Part “property investment business” means business consisting of any one or more of—

(a)

property rental business (see regulation 69H);

(b)

owning shares in UK-REITs; and

(c)

owning shares or units in an entity F2within section 528(4A)(j) of CTA 2010 (overseas equivalent to UK REIT).

(2)

In these Regulations “UK-REIT” F3has the meaning given in section 518(4) of CTA 2010.

F4(3)

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(4)

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(5)

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(6)

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F5(7)

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(8)

This regulation is subject to the further provisions in regulation 69G.

Annotations

F1: Pt. 4A inserted (6.4.2008) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2008 (S.I. 2008/705), regs. 1, 5
F2: Words in reg. 69F(1)(c) substituted (1.4.2014) by The Real Estate Investment Trust (Amendments to the Corporation Tax Act 2010 and Consequential Amendments) Regulations 2014 (S.I. 2014/518), regs. 1(1), 3(2)(a) (with reg. 1(2)-(4))
F3: Words in reg. 69F(2) substituted (1.4.2014) by The Real Estate Investment Trust (Amendments to the Corporation Tax Act 2010 and Consequential Amendments) Regulations 2014 (S.I. 2014/518), regs. 1(1), 3(2)(b) (with reg. 1(2)-(4))
F4: Reg. 69F(3)-(6) omitted (1.4.2014) by virtue of The Real Estate Investment Trust (Amendments to the Corporation Tax Act 2010 and Consequential Amendments) Regulations 2014 (S.I. 2014/518), regs. 1(1), 3(2)(c) (with reg. 1(2)-(4))
F5: Reg. 69F(7) omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 2) Regulations 2011 (S.I. 2011/2192), regs. 1(1), 6