UK Statutory Instrument SI 2011/1211 United Kingdom

The Offshore Funds (Tax) (Amendment) Regulations 2011

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Director or Officer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Director or Officer — also bound by 429 other Acts
Companies Act 2006 126 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.015 Transitional provisions: general provisions Regulated
  • Send equalisation statements for transitional offshore funds to HMRC within one yearDirector or Officer
44 other provisions — procedural and definitional
s.001 Citation, commencement and effect
s.002 Amendment of the Offshore Funds (Tax) Regulations 2009
s.003 Structure of these Regulations and interpretation
s.004 Introduction
s.005 Insertion of new regulation 50A (meaning of “equalisation arrangements”, “full equalisation arrangements” and “equalisation amount”)
s.006 Amendment to regulation 53 (contents of an application)
s.007 Amendment to regulation 55 (response by
s.008 Insertion of Chapter 2A (amendment to application for this Part to apply)
s.009 Substitution of regulation 72 (treatment of reporting funds operating equalisation arrangements)
s.010 Amendment to regulation 92 (contents of report to participants)
s.011 Insertion of new regulations 92A, 92B and 92C (funds which do not operate equalisation arrangements)
s.012 Insertion of regulation 94A
s.013 Amendment to regulation 99 (disposals of interests)
s.014 Transitional provisions: introduction
s.016 Transitional provisions: special cases
s.017 Appeal against a refusal to accept a statement
s.018 Introduction
s.019 Insertion of regulations 31A to 31C (unlisted trading company exception)
s.020 Amendment to regulation 81 (meaning of investment transaction)
s.021 Introduction
s.022 Amendment to regulation 49 (structure of this Part)
s.023 Amendment to regulation 58 (general duties of reporting funds)
s.024 Insertion of new Chapter 6A in Part 3
s.025 Amendment to regulation 92 (contents of report to participants)
s.026 Insertion of regulation 92D (contents of reports to participants: transparent reporting funds)
s.027 Amendment to regulation 106 (reporting requirements)
s.028 Amendment to regulation 4 (classification of offshore funds)
s.029 Amendment to regulation 12 (general interpretation)
s.030 Amendment to regulation 16 (treatment of certain amounts as distributions)
s.031 Amendment to regulation 54 (form, timing and withdrawal of application)
s.032 Amendment to regulation 57 (effects of entry into the reporting fund regime)
s.033 Amendment to regulation 67 (income from wholly-owned subsidiaries)
s.034 Amendment to regulation 68 (income from other reporting funds)
s.035 Insertion of new regulation 68A (index tracking funds)
s.036 Amendment to regulation 69 (income from non-reporting funds: first case)
s.037 Amendment to regulation 74 (the equivalence condition)
s.038 Amendment to regulation 75 (the genuine diversity of ownership condition)
s.039 Amendment to regulation 90 (report to participants for a reporting period)
s.040 Amendment to regulation 94 (reported income: general provisions)
s.041 Amendment to regulation 106 (reporting requirements)
s.042 Amendment to Schedule 1 (transitional provisions and savings)
s.043 Amendment to Schedule 3 (abbreviations and defined expressions)
s.044 Amendment to the Taxation of Chargeable Gains Act 1992
s.045 Amendment to the Corporation Tax Act 2009

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.