- Latest available (Revised)
- Original (As made)
This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
1.—(1) These Regulations may be cited as the Real Estate Investment Trusts (Joint Ventures) Regulations 2006 and shall come into force on 1st January 2007.
(2) In these Regulations references to a numbered provision (without more) is a reference to the provision of the Finance Act 2006 bearing that number.
(3) In these Regulations—
“equity holder” means a person who—
holds ordinary shares in the joint venture company, or
is a loan creditor of the joint venture company in respect of a loan which is not a normal commercial loan,
and any references in these Regulations to profits or assets available for distribution to a joint venture company’s equity holders does not include a reference to any profits or assets available for distribution to an equity holder other than as an equity holder;
“joint venture company” means—
a company carrying on a joint venture between a company to which Part 4 applies and another person; or
a company in which a member of a group to which Part 4 applies has an interest;
“joint venture look through notice” means—
in the case of a company to which Part 4 applies, a notice given under regulation 2; and
in the case of a group to which Part 4 applies, a notice given under regulation 9;
“venturing company” has the meaning given in regulation 2(1);
“venturing group” has the meaning given in regulation 9(1); and
other expressions defined for the purposes of Part 4 have the same meaning as they have there.
Latest Available (revised):The latest available updated version of the legislation incorporating changes made by subsequent legislation and applied by our editorial team. Changes we have not yet applied to the text, can be found in the ‘Changes to Legislation’ area.
Original (As Enacted or Made):The original version of the legislation as it stood when it was enacted or made. No changes have been applied to the text.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:
Use this menu to access essential accompanying documents and information for this legislation item. Dependent on the legislation item being viewed this may include:
Click 'View More' or select 'More Resources' tab for additional information including: