{
  "url": "https://openlegislation.uk/draft-offshore-funds-tax-regulations-2009/regulation-81",
  "json_url": "https://openlegislation.uk/draft-offshore-funds-tax-regulations-2009/regulation-81.json",
  "legislation": "ukdsi/2009/9780111486313",
  "legislation_title": "The Offshore Funds (Tax) Regulations 2009",
  "legislation_url": "https://openlegislation.uk/draft-offshore-funds-tax-regulations-2009",
  "path": "regulation/81",
  "kind": "regulation",
  "number": "81",
  "heading": "Meaning of “investment transaction”",
  "text": "For the purposes of this Part an “investment transaction” means—\n(a) any transaction in stocks and shares;\n(b) any transaction in a relevant contract (and see regulations 82 to 86);\n(c) any transaction which results in a diversely owned fund becoming a party to a loan relationship or a related transaction in respect of a loan relationship (and see regulation 87);\n(d) any transaction in units in a collective investment scheme (and see regulation 88);\n(e) any transaction in securities of any description not falling within paragraphs (a) to (d);\n(f) any transaction consisting in the buying or selling of any foreign currency;\n(g) any transaction in a carbon emission trading product (and see regulation 89).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2009/9780111486313/regulation/81",
    "retrieved_at": "2026-10-30T14:56:44.866559+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}