As the operational rules are intended to apply to interests held in certain types of arrangements that have particular characteristics, and those arrangements may be based anywhere in the world, it is not possible to provide a list of all entity types that do not come within the definition of an offshore fund. The paragraphs below provide a broad overview of the types of arrangements that do not come within the definition: -

Partnerships

Partnerships are specifically excluded from the meaning of an offshore fund at S355(1)(c) TIOPA 2010 by S355 (2) TIOPA 2010.

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