{
  "url": "https://openlegislation.uk/finance-act-2005/section-24",
  "json_url": "https://openlegislation.uk/finance-act-2005/section-24.json",
  "legislation": "ukpga/2005/7",
  "legislation_title": "Finance Act 2005",
  "legislation_url": "https://openlegislation.uk/finance-act-2005",
  "path": "section/24",
  "kind": "section",
  "number": "24",
  "heading": "Entitlement to make claim for special tax treatment",
  "text": "A claim for special tax treatment under this Chapter for a tax year may be made by the trustees of a settlement if—\n(a) in the tax year they hold property on qualifying trusts for the benefit of a vulnerable person, and\n(b) a vulnerable person election has effect for all or part of the tax year in relation to those trusts and that person.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 24(1) substituted (retrospective to 6.4.2006) by Finance Act 2006 (c. 25), Sch. 13 para. 35(2)(b)(7)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2005/7/section/24",
    "retrieved_at": "2026-10-29T09:16:26.978887+00:00",
    "licence": "OGL-UK-3.0",
    "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
    "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
  }
}