Part 14Income tax liability: miscellaneous rules
Chapter 1Limits on liability to income tax of non-UK residents
Supplementary
828Transactions through brokers and investment managers
1
For the purposes of this Chapter a person is regarded as carrying out a transaction on behalf of another if the person—
a
undertakes the transaction, whether on behalf of or to the account of the other, or
b
gives instructions for it to be so carried out by another.
2
In the case of a person who acts as a broker or investment manager as part only of a business, this Chapter has effect as if that part were a separate business.