Related Commentary  Related HMRC Manuals

68(1)  A person whose business is or includes issuing depositary receipts for relevant securities of a company incorporated in the United Kingdom shall notify the Commissioners of that fact before the end of the period of one month beginning with the date on which he first issues such depositary receipts.

68(2)  A person whose business includes (but does not exclusively consist of) holding relevant securities (being securities of a company incorporated in the United Kingdom)–

(a)as nominee or agent for a person whose business is or includes issuing depositary receipts for relevant securities, and

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