Regulation 2 Structure of these Regulations

The structure of these Regulations is as follows—

• This Part contains introductory and general provisions;

• Part 2 contains the following provisions about investment trusts—

• Chapter 1 deals with applications for approval as an investment trust,

• Chapter 2 deals with cases where the eligibility conditions are treated as being met,

• Chapter 3 deals with the requirements to be met by investment trusts whilst approved,

• Chapter 4 deals with breaches of the requirements to be met by investment trusts and subsequent withdrawal of approval,

• Chapter 5 deals with an approved company treating itself as not being an investment trust;

• Part 3 contains provisions about transactions by investment trusts which are treated as entered into otherwise than in the course of a trade; and

• Part 4 contains provisions about investment trusts having interests in offshore non-reporting funds and index tracking funds, and makes consequential provision.