# The Offshore Funds (Tax) Regulations 2009, Regulation 117: Reporting fund not complying with requirements


(1) This regulation applies if—
(a) a reporting fund gives a notice under regulation 116, and
(b) the fund has not complied with all requirements imposed in this Part for all periods during which it was a reporting fund.
(2) For the purposes of these Regulations the fund is treated as a fund to which regulation 114 has applied and not as a fund to which regulation 116 has applied.

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Source: https://www.legislation.gov.uk/uksi/2009/3001/regulation/117 (the official version)
Page: https://openlegislation.uk/offshore-funds-tax-regulations-2009/regulation-117
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.