F1PART 5BTax relief for social investments
Annotations:
Amendments (Textual)
CHAPTER 9Miscellaneous and supplementary provisions
257TCMeaning of “associate”
1
In this Part “associate”, in relation to a person, means—
a
any relative or partner of the person,
b
the trustee or trustees of any settlement in relation to which the person, or any relative of the person (living or dead), is or was a settlor, and
c
if the person has an interest in any shares or obligations of a company which are subject to any trust or are part of the estate of a deceased person—
i
the trustee or trustees of the settlement concerned or, as the case may be, the personal representatives of the deceased, and
ii
if the person is a company, any other company which has an interest in those shares or obligations.
2
In this section “relative” means spouse, civil partner, ancestor or lineal descendant.
Pt. 5B inserted (17.7.2014) by Finance Act 2014 (c. 26), Sch. 11 para. 1