{
  "url": "https://openlegislation.uk/draft-real-estate-investment-trusts-prescribed-arrangements-regulations-2009/regulation-4",
  "json_url": "https://openlegislation.uk/draft-real-estate-investment-trusts-prescribed-arrangements-regulations-2009/regulation-4.json",
  "legislation": "ukdsi/2009/9780111487365",
  "legislation_title": "The Real Estate Investment Trusts (Prescribed Arrangements) Regulations 2009",
  "legislation_url": "https://openlegislation.uk/draft-real-estate-investment-trusts-prescribed-arrangements-regulations-2009",
  "path": "regulation/4",
  "kind": "regulation",
  "number": "4",
  "heading": "Excluded arrangements",
  "text": "(1) For the purposes of these Regulations, arrangements are not prescribed arrangements if at least one of the following conditions is satisfied.\n(2) Condition 1 is that the arrangements have been effected solely for genuine commercial purposes.\n(3) Condition 2 is that the arrangements are made between persons dealing at arm’s length.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2009/9780111487365/regulation/4",
    "retrieved_at": "2026-10-30T14:56:33.896709+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."
}