Finance Act 2008 (c. 9)

SCHEDULES

SCHEDULE 16 U.K. Non-residents: investment managers

Part 3 U.K. Non-residents liable to tax: disregarded investment income or profits

ITA 2007 U.K.

10 (1) Section 818 of ITA 2007 (the independent investment manager conditions) is amended as follows. U.K.

(2) In subsection (1), for the words from “if” to the end substitute “ if conditions A to E are met. ”

(3) Omit subsections (7) and (8).