# Income Tax Act 2007, Section 375: Nominees


(1) For the purposes of this Part—
(a) loans made by or to, or disposed of by, a nominee for a person are treated as made by or to, or disposed of by, that person, and
(b) securities or shares subscribed for by, issued to, acquired or held by or disposed of by a nominee for a person are treated as subscribed for by, issued to, acquired or held by or disposed of by that person.
(2) For the purposes of subsection (1) references to things done by or to a nominee for a person include things done by or to a bare trustee for a person.

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Source: https://www.legislation.gov.uk/ukpga/2007/3/section/375 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/section-375
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.