Paragraph 47
(1)
Paragraph 6 (gains attributed to settlor) is amended as follows.
(2)
In sub-paragraph (1), for “the tapered amount of any chargeable gains” substitute “ the amount of any chargeable gains ”.
(3)
Omit sub-paragraph (1A).
Paragraph 6 (gains attributed to settlor) is amended as follows.
In sub-paragraph (1), for “the tapered amount of any chargeable gains” substitute “ the amount of any chargeable gains ”.
Omit sub-paragraph (1A).