The Real Estate Investment Trusts (Joint Ventures) Regulations 2006
These Regulations provide the details as to how the Real Estate Investments Trusts regime (“the UK-REIT regime”) which was introduced by Part 4 of the Finance Act 2006 (c.25) (“the Act”) shall apply to joint ventures. Joint ventures (which are not group REITs) may elect for the UK-REIT regime to apply in accordance with these Regulations.