Paragraph 357

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Amend section 176 (ancillary trust funds) as follows.

(2)

In subsection (3) for paragraph (a) substitute—

“(a)
section 636 of ITA 2007 (exception where there is a transfer to a legatee);”.

(3)

In subsection (4) for “sections 710 to” substitute “ Part 12 of ITA 2007 and section ”.