Part 24Corporation Tax Acts definitions etc
Chapter 2Permanent establishments
Investment managers
1150Meaning of “investment manager” and “investment transaction”
(1)
In this Chapter—
“investment manager” means a person who provides investment management services, and
“investment transaction” means any transaction of a description specified for the purposes of this subsection in regulations made by the Commissioners for Her Majesty’s Revenue and Customs.
(2)
Provision made in regulations under subsection (1) may, in particular, have effect in relation to accounting periods current on the day on which the regulations are made.