Section 835J Persons acting under alternative finance arrangementsF1

(1)

Subsection (2) applies if an amount within section 835E(2) arising to a non-UK resident consists of alternative finance return.

(2)

Neither of the following is the UK representative of the non-UK resident in relation to the amount—

(a)

the other party to the alternative finance arrangements,

(b)

any other person acting for the non-UK resident in relation to the alternative finance arrangements.

(3)

In subsection (1) “alternative finance return” means alternative finance return within the application of section 564I, 564K or 564L(2) or (3).

(4)

In subsection (2) the reference to “the alternative finance arrangements” is a reference to the alternative finance arrangements under which the alternative finance return mentioned in subsection (1) arises.

Annotations

Textual amendments

F1: S. 835J inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 6 para. 8 (with Sch. 9 paras. 1-9, 22)

Notes on Chapter 2B

Textual amendments

F1: Pt. 14 Ch. 2B inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 6 para. 1 (with Sch. 9 paras. 1-9, 22)

Notes on Persons who are not UK representatives

Textual amendments

F1: S. 835G and cross-heading inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 6 para. 5 (with Sch. 9 paras. 1-9, 22)