# The Investment Trust (Approved Company) (Tax) Regulations 2011, Regulation 26: Serious breach


For the purposes of this Chapter a breach of regulation 18 (investment trust must not be a close company) is a serious breach.

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Source: https://www.legislation.gov.uk/ukdsi/2011/9780111516683/regulation/26 (the official version)
Page: https://openlegislation.uk/draft-investment-trust-approved-company-tax-regulations-2011/regulation-26
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.