Overview Part 1: New Chapters 2B and 2C of Part 14 of ITA 2007 Section 835M: The independent investment manager conditions
1215.This section sets out the conditions to be met if, in accordance with section 835I, an investment manager in the United Kingdom is not to be the UK representative of a non-UK resident in relation to an investment transaction carried out on behalf of the non-UK resident by the investment manager. It is based on section 127(3) and (18) of FA 1995.