GREIT11035 - Group REITs: general definitions

The legislation uses a number of terms to describe various parts of the group and the activities it undertakes. In this context, 'group' is the group of companies as defined for the purposes of the UK-REIT regime – that is, the 75%/ effective 51% subsidiaries of the principal company.

The definitions of various parts of this group are in paragraph 2 Schedule 17 FA 2006, and are described in GREIT11040. Other relevant definitions in relation to members of the group and their activities are in paragraph 3 Schedule 17 FA 2006: described in GREIT11045.

Other terms, while not in the legislation, are being used as shorthand in the context of the UK- REIT regime. These are set out in GREIT11040.