Amendment of regulation 83

1

Regulation 8 (general interpretation) is amended as follows.

2

After the entry for “net asset value” insert—

  • “non-reporting fund” has the same meaning as in regulation 4(2) of the Offshore Funds Regulations;

  • “offshore fund” means a fund within the meaning of section 355 of the Taxation (International and Other Provisions) Act 20104;

  • “Offshore Funds Regulations” means the Offshore Funds (Tax) Regulations 20095;

3

After the entry for “prospectus”6 insert—

  • “reportable income” has the same meaning as in Chapter 5 of Part 3 of the Offshore Funds Regulations;

4

After the entry for “reporting date” insert—

  • “reporting fund” means an offshore fund to which Part 3 of the Offshore Funds Regulations applies