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)