# Finance Act 2003, Paragraph 6

Extent: E+W+S+N.I.

(1) In paragraph 10(1) for “of the transferor settlement, or of any transferee settlement,” substitute “ of any relevant settlement ”.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(4) After paragraph 13 insert—
“Effect of settlement ceasing to exist after transfer of value
13A Where a settlement ceases to exist after the trustees have made a transfer of value to which Schedule 4B applies, this Schedule has effect as if a year of assessment had ended immediately before the settlement ceased to exist.”.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/schedule/29/paragraph/6 (the official version)
Page: https://openlegislation.uk/finance-act-2003/schedule-29/paragraph-6
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.