{
  "url": "https://openlegislation.uk/draft-offshore-funds-tax-regulations-2009/regulation-84",
  "json_url": "https://openlegislation.uk/draft-offshore-funds-tax-regulations-2009/regulation-84.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/84",
  "kind": "regulation",
  "number": "84",
  "heading": "Meaning of “relevant contract”: futures",
  "text": "(1) For the purposes of regulation 82(1)(b) a “future” is a contract for the sale of property under which delivery is to be made—\n(a) at a future date agreed when the contract is made, and\n(b) at a price so agreed.\n(2) For the purposes of paragraph (1)(b) a price is taken to be agreed when the contract is made—\n(a) notwithstanding that the price is left to be determined by reference to the price at which a contract is to be entered into on a market or exchange or could be entered into at a time and place specified in the contract, or\n(b) in a case where the contract is expressed to be by reference to a standard lot and quality, notwithstanding that provision is made for a variation in the price to take account of any variation in quantity or quality on delivery.",
  "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/84",
    "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."
}