Paragraph 25

In section 481 (other amounts to be charged at special rates for trustees), after subsection (3) insert—

“(3A)

If the amount is within Type 2, 6 or 7 as set out in section 482, income tax is charged on the amount at the savings trust rate.

(3B)

If the amount is within Type 5 as set out in section 482, income tax is charged on the amount at the property trust rate.”