{
  "url": "https://openlegislation.uk/income-tax-act-2007/section-857",
  "json_url": "https://openlegislation.uk/income-tax-act-2007/section-857.json",
  "legislation": "ukpga/2007/3",
  "legislation_title": "Income Tax Act 2007",
  "legislation_url": "https://openlegislation.uk/income-tax-act-2007",
  "path": "section/857",
  "kind": "section",
  "number": "857",
  "heading": "Investments to be treated as being or as not being relevant investments",
  "text": "(1) A deposit-taker ... must treat every investment with it as a relevant investment unless satisfied that the investment is not a relevant investment.\n(2) If a deposit-taker ... is satisfied that an investment is not a relevant investment, it may continue to treat the investment as not being a relevant investment until subsection (3) applies.\n(3) This subsection applies when the deposit-taker ... has information which can reasonably be taken to indicate that the investment is or may be a relevant investment.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 857 omitted (with effect in accordance with Sch. 6 para. 28 of the amending Act) by virtue of Finance Act 2016 (c. 24), Sch. 6 para. 11"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2007/3/section/857",
    "retrieved_at": "2026-10-29T09:13:03.599581+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}