Part 2 Index of expressions defined or otherwise explained in these Regulations
United Kingdom
| F1Accounting income (in Part 3) | Regulation 72B(8) |
| F2Acquisition by way of initial purchase (in Part 4) | Regulation 72(4) |
| Applicant (in Part 3) | Regulation 51(3) |
| Application (in Part 3) | Regulation 51(3) |
| Basic gain | Chapter 5 of Part 2 |
| Computation period (in Part 4) | Regulation 92C |
| Constant NAV fund | Regulation 118 |
| Diversely owned fund | Regulation 73(2) |
| Eligible offshore fund (in Part 3) | Regulation 51(3) |
| Equalisation amount per unit of interest (in Part 4) | Regulation 92(3)(ba) |
| Equalisation amount (in Part 4) | Regulation 72(2) |
| Equivalence condition | Regulation 74 |
| Existing fund application (in Part 3) | Regulation 51(3) |
| Financial trader (in Chapter 8 of Part 3) | Regulation 105 |
| Fund distribution date | Regulation 94(4) |
| Fund operating equalisation arrangements (in Part 4) | Regulation 50A(a) |
| Fund operating full equalisation arrangements (in Part 4) | Regulation 50A(b) |
| Future fund application (in Part 3) | Regulation 51(3) |
| Genuine diversity of ownership condition | Regulations 75 and 76 |
| Guaranteed return fund | Regulation 9 |
| HMRC | Regulation 12 |
| HMRC intervention | Regulation 108(6) |
| Interest (of a participant in an offshore fund) | Regulation 8 |
| F3. . . | . . . |
| Main arrangements | Regulation 6 |
| Manager (in Part 3) | Regulation 51(3) |
| Market value | Regulation 10 |
| Material disposal | Regulation 15 |
| Minor breach | Regulation 108(4) |
| Non-reporting fund | Regulation 4(2) |
| Offshore fund | Regulation 3 |
| Offshore income gain | Chapter 5 of Part 2 |
| F4. . . | . . . |
| Participant (in a fund) | Regulation 7 |
| Period of account | Regulation 12 |
| Proposed prospectus | Regulation 12 |
| Prospectus | Regulation 12 |
| Regulated market | Regulation 12 |
| Relevant group of sections | Regulation 12 |
| Reportable income | Chapter 5 of Part 3 |
| Reported income | Regulation 92(2) |
| Reporting fund | Regulation 50 |
| Reporting period | Regulation 91 |
| Serious breach | Regulation 108(3) |
| Tax year | Regulation 12 |
| TCGA disposal (in Chapter 6 of Part 2) | Regulation 44(2) |
| This group of regulations (in Chapter 8 of Part 3) | Regulation 102(2) |
| Transparent fund | Regulation 11 |
| Transparent reporting fund | Regulation 89A(2) |
| Tribunal | Regulation 12 |
| UCITS fund | Regulation 12 |
| Umbrella arrangements | Regulation 5 |
Annotations
Textual amendments
- F1
Words in Sch. 3 Pt. 2 substituted (28.6.2013) by The Offshore Funds (Tax) (Amendment No. 2) Regulations 2013 (S.I. 2013/1411), regs. 1(1), 12 (with reg. 1(3)(4))
- F2
Words in Sch. 3 Pt. 2 inserted (with effect in accordance with reg. 1(2) of the amending S.I.) by The Offshore Funds (Tax) (Amendment) Regulations 2011 (S.I. 2011/1211), regs. 1(1), 43(3)(b)
- F3
Words in Sch. 3 Pt. 2 omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Investment Transactions (Tax) Regulations 2014 (S.I. 2014/685), regs. 1(1), 8(4)
- F4
Words in Sch. 3 Pt. 2 omitted (retrospective and with effect for the tax year 2025-26 and subsequent tax years) by virtue of Finance Act 2026 (c. 11), s. 52(2)(c)(iv)(4)