Paragraph 550

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

In section 619(2) (charge to tax on settlor)—

(a)

for “sections 1 to 1B of ICTA” substitute “ Chapter 2 of Part 2 of ITA 2007 (rates at which income tax is charged) ”, and

(b)

for “Tax Acts” substitute “ Income Tax Acts ”.