# Taxation (International and Other Provisions) Act 2010, Section 207: Application of Part to unit trusts


(1) This Part has effect as follows.
(2) As if a unit trust scheme were a company that is a body corporate.
(3) As if the rights of the unit holders under a unit trust scheme were shares in the company that the scheme is deemed to be.
(4) As if rights and powers of a person in the capacity of a person entitled to act for the purposes of a unit trust scheme were rights and powers of the scheme.
(5) As if provision made or imposed as between—
(a) a person in the capacity of a person entitled to act for the purposes of a unit trust scheme, and
(b) another person,
were made or imposed as between the scheme and that other person.

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Source: https://www.legislation.gov.uk/ukpga/2010/8/section/207 (the official version)
Page: https://openlegislation.uk/taxation-international-and-other-provisions-act-2010/section-207
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.