# The Enactment of Extra-Statutory Concessions Order 2017, Article 4: Non-resident or dual resident settlements: meaning of “participator”


In section 96 of the Taxation of Chargeable Gains Act 1992 (payments by and to companies), in subsection (10) after paragraph (a) insert—
“(aa) a person is not to be regarded as a participator in a company controlled by the trustees of a settlement where the person has a share or interest in the capital or income of the company solely by virtue of an interest which the person has under the settlement;”.

---
Source: https://www.legislation.gov.uk/ukdsi/2017/9780111153956/article/4 (the official version)
Page: https://openlegislation.uk/draft-enactment-of-extra-statutory-concessions-order-2017/article-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.