investment trust

a company which:

1. (a) is approved by the Commissioners for HM Revenue and Customs under sections 1158 and 1159 of the Corporation Tax Act 2010 (or, in the case of a newly formed company, has declared its intention to conduct its affairs so as to obtain such approval); or
1. (b) (for the purposes of COBS 4.12B and the definitions of non-mainstream pooled investment and packaged product only) is resident in an EEA State and would qualify for such approval if resident in the United Kingdom.