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.
Overview Part 1: New Chapters 2B and 2C of Part 14 of ITA 2007 Section 835M: The independent investment manager conditions