# The Offshore Funds (Tax) Regulations 2009, Regulation 81: Meaning of “investment transaction”


For the purposes of this Part an “investment transaction” means—
(a) any transaction in stocks and shares;
(b) any transaction in a relevant contract (and see regulations 82 to 86);
(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);
(d) any transaction in units in a collective investment scheme (and see regulation 88);
(e) any transaction in securities of any description not falling within paragraphs (a) to (d);
(f) any transaction consisting in the buying or selling of any foreign currency;
(g) any transaction in a carbon emission trading product (and see regulation 89).

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Source: https://www.legislation.gov.uk/ukdsi/2009/9780111486313/regulation/81 (the official version)
Page: https://openlegislation.uk/draft-offshore-funds-tax-regulations-2009/regulation-81
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.