Paragraph 2 F1

(1)

In the case of a settlement for the benefit of a disabled person for a tax year, section 1K applies in relation to the trustees of the settlement for the year as it applies in relation to an individual for the year.

(2)

This paragraph needs to be read with—

(a)

paragraph 6 (cases where settlement is a qualifying UK settlement comprised in a group), and

(b)

paragraph 8 (sub-fund settlements).

Annotations

Textual amendments

F1: Sch. 1C inserted (with effect in accordance with Sch. 1 paras. 120, 123 of the amending Act) by Finance Act 2019 (c. 1), Sch. 1 para. 16