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Section 412G Nominees etcF1

For the purposes of this Chapter—

(a)

a loan or a payment made by or to a nominee or bare trustee for a person is treated as made by or to that person, and

(b)

a right assigned by or to a nominee or bare trustee for a person is treated as assigned by or to that person.

Annotations

Textual amendments

F1

Pt. 8 Ch. 1A inserted (15.9.2016) by Finance Act 2016 (c. 24), s. 32(2)