[809R Section 809Q: composition of mixed fund]
Income Tax Act 2007 (2007 c 3) | Legislation

[809R  Section 809Q: composition of mixed fund]

[(1)     This section applies for the purposes of step 1 of section 809Q(3) (composition of mixed fund).

(2)     Treat property which derives wholly or in part (and directly or indirectly) from an individual's income or capital for a tax year as consisting of or containing that income or capital.

(3)     If a debt relating (wholly or in part, and directly or indirectly) to property is at any time satisfied (wholly or in part) by—

(a)     an individual's income or capital for a tax year, or

(b)     anything deriving (directly or indirectly) from such

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