# Taxation of Chargeable Gains Act 1992, Paragraph 1


(1) This Schedule provides for the application of section 1K (in some cases with modifications) in relation to the trustees of a settlement for a tax year.
(2) The application of this Schedule depends on (among other things) whether or not—
(a) a settlement is for the benefit of a disabled person, and
(b) a settlement is a qualifying UK settlement.
(3) For the definitions of those expressions, see paragraphs 3 and 7 respectively.
(4) In this Schedule any reference to the application of section 1K in relation to an individual for a tax year is to its application in relation to an individual to whom subsection (6) of that section does not apply.

---
Source: https://www.legislation.gov.uk/ukpga/1992/12/schedule/1C/paragraph/1 (the official version)
Page: https://openlegislation.uk/taxation-of-chargeable-gains-act-1992/schedule-1C/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.