# Income Tax Act 2007, Paragraph 521


In section 418(5) (loans to participator in close company: relief where borrowers liable as settlors) for “rate applicable to trusts” substitute “ trust rate ”.

---
Source: https://www.legislation.gov.uk/ukpga/2007/3/schedule/1/paragraph/521 (the official version)
Page: https://openlegislation.uk/income-tax-act-2007/schedule-1/paragraph-521
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.