{
  "url": "https://openlegislation.uk/investment-trust-approved-company-tax-regulations-2011/regulation-32",
  "json_url": "https://openlegislation.uk/investment-trust-approved-company-tax-regulations-2011/regulation-32.json",
  "legislation": "uksi/2011/2999",
  "legislation_title": "The Investment Trust (Approved Company) (Tax) Regulations 2011",
  "legislation_url": "https://openlegislation.uk/investment-trust-approved-company-tax-regulations-2011",
  "path": "regulation/32",
  "kind": "regulation",
  "number": "32",
  "heading": "Treatment of transactions carried out by investment trusts",
  "text": "(1) This regulation applies if an investment trust carries out an investment transaction in an accounting period.\n(2) The investment transaction is treated as a transaction entered into otherwise than in the course of a trade for the purposes of the Corporation Tax Acts.\n(3) For the purposes of this Part an “investment transaction” is an investment transaction specified by regulation 2 of the Investment Transactions (Tax) Regulations 2014.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Reg. 32(3) inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Investment Transactions (Tax) Regulations 2014 (S.I. 2014/685), regs. 1(1), 9(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2011/2999/regulation/32",
    "retrieved_at": "2026-10-29T01:47:20.235235+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."
}