# The Offshore Funds (Tax) Regulations 2009, Regulation 80: Treatment of investment transactions carried out by diversely owned funds


(1) This regulation applies if a diversely owned fund carries out an investment transaction in an accounting period.
(2) The investment transaction is treated as a non-trading transaction.

---
Source: https://www.legislation.gov.uk/ukdsi/2009/9780111486313/regulation/80 (the official version)
Page: https://openlegislation.uk/draft-offshore-funds-tax-regulations-2009/regulation-80
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.