# Finance Act 2005, Section 24: Entitlement to make claim for special tax treatment

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

A claim for special tax treatment under this Chapter for a tax year may be made by the trustees of a settlement if—
(a) in the tax year they hold property on qualifying trusts for the benefit of a vulnerable person, and
(b) a vulnerable person election has effect for all or part of the tax year in relation to those trusts and that person.

---
Source: https://www.legislation.gov.uk/ukpga/2005/7/section/24 (the official version)
Page: https://openlegislation.uk/finance-act-2005/section-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.