{
  "url": "https://openlegislation.uk/offshore-funds-regulations-2004/regulation-2",
  "json_url": "https://openlegislation.uk/offshore-funds-regulations-2004/regulation-2.json",
  "legislation": "uksi/2004/2572",
  "legislation_title": "The Offshore Funds Regulations 2004",
  "legislation_url": "https://openlegislation.uk/offshore-funds-regulations-2004",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "In these Regulations—\n“class of interest” has the meaning given by section 756C of ICTA 1988;\n“ICTA 1988” means the Income and Corporation Taxes Act 1988;\n“main fund” has the meaning given by section 756C(1) of ICTA 1988;\n“umbrella fund” has the meaning given by section 756B(1) of ICTA 1988; and\nreferences to a part of a fund are references to a part of an umbrella fund which is regarded as a separate offshore fund by virtue of section 756B(2) of ICTA 1988.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Sections 756A to 756C were inserted by paragraph 3 of Schedule 26 to the Finance Act 2004."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1988 c. 1."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2004/2572/regulation/2",
    "retrieved_at": "2026-10-29T05:17:49.620590+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."
}