This section has no associated Explanatory Notes
4U.K.Where persons acquire a chargeable interest or an interest in a partnership as trustees of a settlement, they are to be treated for the purposes of this Act, as it applies in relation to that acquisition, as buyers of the whole of the interest acquired (including the beneficial interest).
Commencement Information
I1Sch. 8 para. 4 in force at 1.4.2018 by S.I. 2018/34, art. 3