[F1Meaning of “property investment business”U.K.
69F.—(1) In this Part “property investment business” means business consisting of any one or more of—
(a)property rental business (see regulation 69H);
(b)owning shares in UK-REITs; and
(c)owning shares or units in an entity [F2within section 528(4A)(j) of CTA 2010 (overseas equivalent to UK REIT)].
(2) In these Regulations “UK-REIT” [F3has the meaning given in section 518(4) of CTA 2010].
F4(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F4(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F5(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(8) This regulation is subject to the further provisions in regulation 69G.]
Textual Amendments
F1Pt. 4A inserted (6.4.2008) by The Authorised Investment Funds (Tax) (Amendment) Regulations 2008 (S.I. 2008/705), regs. 1, 5
F2Words in reg. 69F(1)(c) substituted (1.4.2014) by The Real Estate Investment Trust (Amendments to the Corporation Tax Act 2010 and Consequential Amendments) Regulations 2014 (S.I. 2014/518), regs. 1(1), 3(2)(a) (with reg. 1(2)-(4))
F3Words in reg. 69F(2) substituted (1.4.2014) by The Real Estate Investment Trust (Amendments to the Corporation Tax Act 2010 and Consequential Amendments) Regulations 2014 (S.I. 2014/518), regs. 1(1), 3(2)(b) (with reg. 1(2)-(4))
F4Reg. 69F(3)-(6) omitted (1.4.2014) by virtue of The Real Estate Investment Trust (Amendments to the Corporation Tax Act 2010 and Consequential Amendments) Regulations 2014 (S.I. 2014/518), regs. 1(1), 3(2)(c) (with reg. 1(2)-(4))
F5Reg. 69F(7) omitted (with effect in accordance with reg. 1(2) of the amending S.I.) by virtue of The Authorised Investment Funds (Tax) (Amendment No. 2) Regulations 2011 (S.I. 2011/2192), regs. 1(1), 6