# The Offshore Funds (Tax) Regulations 2009, Regulation 71: Income from non-reporting funds if first case ceases to apply


(1) This regulation applies if—
(a) a reporting fund has an interest in a non-reporting fund, and
(b) the conditions in regulation 69(2) have been met for an earlier period of account but are no longer met for a later period of account.
(2) Regulation 70 applies for the later period of account and for all subsequent periods of account.

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Source: https://www.legislation.gov.uk/uksi/2009/3001/regulation/71 (the official version)
Page: https://openlegislation.uk/offshore-funds-tax-regulations-2009/regulation-71
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.