OpenLegislation

Paragraph 8 Category A investors

United Kingdom

(1)

The following are category A investors—

(a)

a QAHC;

(b)

a qualifying fund (see paragraph 9);

(c)

a relevant qualifying investor (see paragraph 10);

(d)

an intermediate company (see paragraph 11);

(e)

a public authority falling within sub-paragraph (2).

(2)

Those public authorities are—

(a)

any Minister of the Crown (within the meaning of the Ministers of the Crown Act 1975);

(b)

any United Kingdom government department;

(c)

the Scottish Ministers;

(d)

any Northern Ireland department;

(e)

the Welsh Ministers;

(f)

any local authority or local authority association in the United Kingdom;

(g)

the Education Authority of Northern Ireland;

(h)

the Northern Ireland Housing Executive;

(i)

any health service body (within the meaning given by section 985 of CTA 2010);

(j)

any public authority who exercises public functions in connection with the coordination or provision of public transport for a region of the United Kingdom (for example, Transport for London or an executive for an integrated transport area, a combined authority area or a passenger transport area).

(3)

The Treasury may by regulations provide that any other public authority specified, or falling within a description specified, in the regulations is also a category A investor.