240.3b-11—Definitions relating to limited partnership roll-up transactions for purposes of sections 6(b)(9), 14(h) and 15A(b)(12)-(13).

For purposes of sections 6(b)(9), 14(h) and 15A(b)(12) -(13) of the Act (15 U.S.C. 78f(b)(9), 78n(h) and 78o-3(b)(12) -(13)):

(a) The term limited partnership roll-up transaction does not include a transaction involving only entities that are not “finite-life” as defined in Item 901(b)(2) of Regulation S-K ( § 229.901(b)(2) of this chapter ).

(b) The term limited partnership roll-up transaction does not include a transaction involving only entities registered under the Investment Company Act of 1940 (15 U.S.C. 80a-1 et seq.) or any Business Development Company as defined in section 2(a)(48) of that Act (15 U.S.C. 80a-2(a)(48) ).

(c) The term regularly traded shall be defined as in Item 901(c)(2)(v)(C) of Regulation S-K ( § 229.901(c)(2)(v)(C) of this chapter ).

Code of Federal Regulations

[59 FR 63684, Dec. 8, 1994]

CFR

240.3b-11—Definitions relating to limited partnership roll-up transactions for purposes of sections 6(b)(9), 14(h) and 15A(b)(12)-(13).

Code of Federal Regulations