# Finance Act 2006, Paragraph 20


(1) In section 217 (building societies: successor companies)—
(a) in subsection (3)(a)—
(i) for “trustees” substitute “ the trustees of a settlement ”, and
(ii) omit the word “and” at the end of the paragraph,
(b) omit subsection (3)(b), and
(c) in subsection (5) for “arising” substitute “ accruing ”.
(2) This paragraph shall have effect in relation to a transfer falling within section 216(1) which is effected on or after 6th April 2006.

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Source: https://www.legislation.gov.uk/ukpga/2006/25/schedule/12/paragraph/20 (the official version)
Page: https://openlegislation.uk/finance-act-2006/schedule-12/paragraph-20
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.