Paragraph 90

(1)

Schedule 5 (attribution of gains to settlors with interest in non-resident or dual resident settlements) is amended as follows.

(2)

In paragraph 1(1), for “section 3” substitute “ section 1K ”.

(3)

In paragraph 1(2)(a), for “section 2(2)” substitute “ section 1(3) ”.

(4)

In paragraph 1(3)—

(a)

in paragraph (b), for “section 13” substitute “ section 3 ”, and

(b)

in the second sentence—

(i)

for “Subsections (12) and (13) of section 13” substitute “ Section 3B(1) to (3) ”, and

(ii)

for “that section” substitute “ section 3 ”.