89 Trusts for disabled persons
Inheritance Tax Act 1984 (1984 c 51) | Legislation

89  Trusts for disabled persons

(1)     This section applies to settled property transferred into settlement after 9th March 1981 and held on trusts—

(a)     under which, during the life of a disabled person, no interest in possession in the settled property subsists, and

[(b)     which secure that, if any of the settled property or income arising from it is applied during the disabled person's life for the benefit of a beneficiary, it is applied for the benefit of the disabled person].

(2)     For the purposes of this Act the person mentioned in subsection (1) above shall be treated as beneficially entitled to an interest in possession in the settled property.

[(3)     The trusts

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