The Investment Manager (Specified Transactions) Regulations 2009

The Investment Manager (Specified Transactions) Regulations 2009 came into force on 12 May 2009. The Regulations have effect for income tax purposes for the tax year 2009-10 and subsequent tax years, and for corporation tax purposes in relation to accounting periods ending on or after 12 May 2009. The Regulations specify the types of transaction which constitute an "investment transaction" for the purposes of the Investment Manager Exemption.