# Finance Act 2026, Paragraph 15: Independent investment manager conditions not sole means of showing independent status

Extent: E+W+S+N.I.

In section 1146 (the independent investment manager conditions), in subsection (2)—
(a) after “transaction,” insert “the circumstances in which”, and
(b) for “if”, in the first place it occurs, to the end substitute “include where each of the following conditions (the independent investment manager conditions) are met.”

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Source: https://www.legislation.gov.uk/ukpga/2026/11/schedule/7/paragraph/15 (the official version)
Page: https://openlegislation.uk/finance-act-2026/schedule-7/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.