477 Sub-fund elections under Schedule 4ZA to TCGA 1992
Income Tax Act 2007 (2007 c 3) | Legislation

Sub-funds

477  Sub-fund elections under Schedule 4ZA to TCGA 1992

(1)     This section applies for the purposes of the Income Tax Acts (except so far as, in those Acts, the context otherwise requires) if the trustees of a settlement have made a sub-fund election under paragraph 1 of Schedule 4ZA to TCGA 1992.

(2)     The sub-fund settlement is treated as a settlement that is created at

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