This chapter governs each sole proprietor registered cemeterian or permit holder for either human or pet remains who is required to have a perpetual care trust fund and identifies the information which must be provided to the Office of Cemetery Oversight as part of the perpetual care trust report. In this chapter, the following term has the meaning indicated. Income of a Perpetual Care Trust Fund. “Income of a perpetual care trust fund” means interest or dividends earned on the perpetual care trust fund. “Income of a perpetual care trust fund” does not include realized capital gains of a perpetual care trust fund. The perpetual care trust report shall comply with the requirements of Business Regulation Article, §5-606, Annotated Code of Maryland. Realized capital gains of a perpetual care trust fund are not income of the perpetual care trust fund and shall be deposited in the perpetual care trust fund as principal. Business Regulation Article, §§5-204 5-605, and 5-606, Annotated Code of Maryland Effective date: February 13, 2006 (33:3 Md. R. 241) Regulation .01 amended effective April 29, 2024 (51:8 Md. R. 366) Regulation .03 amended effective May 8, 2017 (44:9 Md. R. 438)