# The Offshore Funds (Tax) Regulations 2009, Regulation 80: Treatment of investment transactions carried out by diversely owned funds

Extent: E+W+S+N.I.

(1) This regulation applies if a diversely owned fund carries out an investment transaction in an accounting period.
(2) The investment transaction is treated as a non-trading transaction.
(3) For the purposes of these Regulations an “investment transaction” is an investment transaction specified by regulation 2 of the Investment Transactions (Tax) Regulations 2014.

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Source: https://www.legislation.gov.uk/uksi/2009/3001/regulation/80 (the official version)
Page: https://openlegislation.uk/offshore-funds-tax-regulations-2009/regulation-80
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.