# Taxation of Chargeable Gains Act 1992, Paragraph 2


(1) In this Schedule “offshore collective investment vehicle” means—
(a) a collective investment vehicle constituted as a body corporate resident outside the United Kingdom,
(b) a collective investment vehicle under which property is held on trust for the participants where the trustees of the property are not resident in the United Kingdom, or
(c) a collective investment vehicle constituted by other arrangements that create rights in the nature of co-ownership where the arrangements take effect as a result of the law of a territory outside the United Kingdom.
(2) In this paragraph—
“body corporate” does not include a limited liability partnership, and
“co-ownership” is not restricted to the meaning of that term in the law of any part of the United Kingdom.

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Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/5AAA/paragraph/2 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-5AAA/paragraph-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.