# Finance Act 2006, Paragraph 23


(1) In section 251(5) (debts: trustee creditors)—
(a) for “Where the original creditor is a trustee and the debt, when created, is settled property” substitute “ Where the trustees of a settlement are the original creditor ”, and
(b) for “as against the trustee” substitute “ as against the trustees ”.
(2) This paragraph shall have effect in relation to debts created on or after 6th April 2006.

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Source: https://www.legislation.gov.uk/ukpga/2006/25/schedule/12/paragraph/23 (the official version)
Page: https://openlegislation.uk/finance-act-2006/schedule-12/paragraph-23
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.