{
  "url": "https://openlegislation.uk/finance-act-2006/schedule-12/paragraph-5",
  "json_url": "https://openlegislation.uk/finance-act-2006/schedule-12/paragraph-5.json",
  "legislation": "ukpga/2006/25",
  "legislation_title": "Finance Act 2006",
  "legislation_url": "https://openlegislation.uk/finance-act-2006",
  "path": "schedule/12/paragraph/5",
  "kind": "paragraph",
  "number": "5",
  "heading": null,
  "text": "(1) In paragraph 7(5) of Schedule 4A to TCGA 1992 (disposal of interest in settled property)—\n(a) leave out “or” at the end of paragraph (a), and\n(b) after paragraph (b) insert—\n“, or\n(c) in a case where the settlor is regarded as having an interest in a settlement by reason only of—\n(i) the fact that property is, or will or may become, payable to or applicable for the benefit of a dependent child of his, or\n(ii) the fact that a benefit is enjoyed by such a child,\nwhere the settlor ceases during the year to have (and does not in that year subsequently come to have) any dependent child in relation to whom section 77(2A)(a) or (b) applies.”\n(2) Sub-paragraph (1) shall have effect for the purpose of determining whether a settlor is regarded as having an interest in a settlement (whenever created) for the purposes of Schedule 4A to TCGA 1992 on or after 6th April 2006.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [
    {
      "type": "omitted",
      "affecting": "ukpga/2008/9",
      "affecting_title": "Finance Act 2008"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2006/25/schedule/12/paragraph/5",
    "retrieved_at": "2026-10-29T09:14:22.939634+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "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."
}