Regulation 2 Structure of these Regulations

The structure of these Regulations is as follows—

This Part contains introductory and general provisions;

Part 2 contains the following provisions about investment trusts— Chapter 1 deals with applications for approval as an investment trust, Chapter 2 deals with cases where the eligibility conditions are treated as being met, Chapter 3 deals with the requirements to be met by investment trusts whilst approved, Chapter 4 deals with breaches of the requirements to be met by investment trusts and subsequent withdrawal of approval, Chapter 5 deals with an approved company treating itself as not being an investment trust;

Part 3 contains provisions about transactions by investment trusts which are treated as entered into otherwise than in the course of a trade; and

Part 4 contains provisions about investment trusts having interests in offshore non-reporting funds and index tracking funds, and makes consequential provision.