IFM14310 | Taxation of investment trusts: process and effects of entry into the investment trust regime: who can apply? (Regulation 5 of SI 2011/2999)

A company which meets or is treated as meeting the eligibility conditions in CTA10/S1158 and that expects to meet the requirements of the Regulations may apply to HMRC for approval as an investment trust. Any company which makes such an application is referred to as the applicant.