- Status
- In Force
- Penalty ceiling
- Regulated
Does it bind you?
Business-side roles with duties under this instrument.
Trader2
Other Acts binding the same actors
If a role above is yours, these are the other instruments that most often bind it.
Trader — also bound by 825 other Acts
Value Added Tax Regulations 1995
416 duties
Companies Act 2006
243 duties
Companies Act 1985
85 duties
What it requires
Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.
s.009
Breach of condition — information requirements
Regulated
- Notify HMRC of REIT condition breaches promptlyTrader
s.011
Distribution to holder of excessive rights: information
Regulated
- Report distributions to excessive-rights holders to HMRC with full detailsTrader
12 other provisions — procedural and definitional
s.001
Citation, commencement and interpretation
s.002
Breach of conditions for company — take-overs
s.003
Breach of condition for company — actions of others
s.004
Breach of condition for company — other
s.005
Breach of requirements as to properties
s.006
Breach of distribution condition
s.007
Breach of balance of business conditions
s.008
Multiple breaches of separate conditions
s.010
Distribution to a person with more than the maximum shareholding: charge to tax
s.012
Charge to tax where profit: financing-cost ratio less than 1.25 – Real Estate Investment Trusts which are not Group Real Estate Investment Trusts
s.013
Charge to tax where profit: financing-cost ratio – Group Real Estate Investment Trusts
s.014
Termination by notice – specified number of section 117 notices
Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.