{
  "url": "https://openlegislation.uk/offshore-funds-tax-regulations-2009/schedule-3/part-2",
  "json_url": "https://openlegislation.uk/offshore-funds-tax-regulations-2009/schedule-3/part-2.json",
  "legislation": "uksi/2009/3001",
  "legislation_title": "The Offshore Funds (Tax) Regulations 2009",
  "legislation_url": "https://openlegislation.uk/offshore-funds-tax-regulations-2009",
  "path": "schedule/3/part/2",
  "kind": "part",
  "number": "2",
  "heading": "Index of expressions defined or otherwise explained in these Regulations",
  "text": "Accounting income (in Part 3)\nRegulation 72B(8)\nAcquisition by way of initial purchase (in Part 4)\nRegulation 72(4)\nApplicant (in Part 3)\nRegulation 51(3)\nApplication (in Part 3)\nRegulation 51(3)\nBasic gain\nChapter 5 of Part 2\nComputation period (in Part 4)\nRegulation 92C\nConstant NAV fund\nRegulation 118\nDiversely owned fund\nRegulation 73(2)\nEligible offshore fund (in Part 3)\nRegulation 51(3)\nEqualisation amount per unit of interest (in Part 4)\nRegulation 92(3)(ba)\nEqualisation amount (in Part 4)\nRegulation 72(2)\nEquivalence condition\nRegulation 74\nExisting fund application (in Part 3)\nRegulation 51(3)\nFinancial trader (in Chapter 8 of Part 3)\nRegulation 105\nFund distribution date\nRegulation 94(4)\nFund operating equalisation arrangements (in Part 4)\nRegulation 50A(a)\nFund operating full equalisation arrangements (in Part 4)\nRegulation 50A(b)\nFuture fund application (in Part 3)\nRegulation 51(3)\nGenuine diversity of ownership condition\nRegulations 75 and 76\nGuaranteed return fund\nRegulation 9\nHMRC\nRegulation 12\nHMRC intervention\nRegulation 108(6)\nInterest (of a participant in an offshore fund)\nRegulation 8\n. . .\n. . .\nMain arrangements\nRegulation 6\nManager (in Part 3)\nRegulation 51(3)\nMarket value\nRegulation 10\nMaterial disposal\nRegulation 15\nMinor breach\nRegulation 108(4)\nNon-reporting fund\nRegulation 4(2)\nOffshore fund\nRegulation 3\nOffshore income gain\nChapter 5 of Part 2\n. . .\n. . .\nParticipant (in a fund)\nRegulation 7\nPeriod of account\nRegulation 12\nProposed prospectus\nRegulation 12\nProspectus\nRegulation 12\nRegulated market\nRegulation 12\nRelevant group of sections\nRegulation 12\nReportable income\nChapter 5 of Part 3\nReported income\nRegulation 92(2)\nReporting fund\nRegulation 50\nReporting period\nRegulation 91\nSerious breach\nRegulation 108(3)\nTax year\nRegulation 12\nTCGA disposal (in Chapter 6 of Part 2)\nRegulation 44(2)\nThis group of regulations (in Chapter 8 of Part 3)\nRegulation 102(2)\nTransparent fund\nRegulation 11\nTransparent reporting fund\nRegulation 89A(2)\nTribunal\nRegulation 12\nUCITS fund\nRegulation 12\nUmbrella arrangements\nRegulation 5",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "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))"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "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)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "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)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2009/3001/schedule/3/part/2",
    "retrieved_at": "2026-10-29T03:01:48.652414+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."
}