# Finance Act 2006, Paragraph 43


In section 286(3) of TCGA 1992 (connected persons: trustees)—
(a) omit “and” at the end of paragraph (b), and
(b) after paragraph (c) insert—
“(d) if the settlement is the principal settlement in relation to one or more sub-fund settlements, the trustees of the sub-fund settlements, and
(e) if the settlement is a sub-fund settlement in relation to a principal settlement, the trustees of any other sub-fund settlements in relation to the principal settlement.”

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Source: https://www.legislation.gov.uk/ukpga/2006/25/schedule/12/paragraph/43 (the official version)
Page: https://openlegislation.uk/finance-act-2006/schedule-12/paragraph-43
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.