# Income Tax (Trading and Other Income) Act 2005, Paragraph 82

Extent: E+W+S+N.I.

The references in section 454(4) and (5) to trustees include any person who, had the loss been a profit—
(a) would have been eligible for relief from tax for the tax year in which the loss is sustained as a result of any of sections 521(4), 522(5), 523(5), 524, 529 to 533, 536 and 537 of ITA 2007 (certain exemptions: special rules about charitable trusts) , or
(b) would have been so eligible but for section 541 of that Act (restrictions on exemptions: attributing items of income to the non-exempt amount) .

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Source: https://www.legislation.gov.uk/ukpga/2005/5/schedule/2/paragraph/82 (the official version)
Page: https://openlegislation.uk/income-tax-trading-and-other-income-act-2005/schedule-2/paragraph-82
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.