# Finance Act 2013, Paragraph 46


In section 468 (non-UK resident trustees and foreign institutions), for subsection (2) substitute—
“(2) Chapter 2 of Part 13 of ITA 2007 (which prevents avoidance of tax where a UK resident individual benefits from a transfer of assets) applies with the modifications specified in subsection (3) or (4).”

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Source: https://www.legislation.gov.uk/ukpga/2013/29/schedule/46/paragraph/46 (the official version)
Page: https://openlegislation.uk/finance-act-2013/schedule-46/paragraph-46
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.