There are currently no known outstanding effects for the Finance Act 2013, Paragraph 108.
108(1)Schedule 5 (attribution of gains to settlors with interest in non-resident or dual resident settlement) is amended as follows.U.K.
(2)In paragraph 2A(4)—
(a)in paragraph (a), for “become on or after 17th March 1998 neither resident nor ordinarily resident” substitute “ cease on or after 17 March 1998 to be resident ”, and
(b)in paragraph (b), omit “and ordinarily resident”.
(3)In paragraph 9(4)—
(a)in paragraph (a), for “become on or after 19th March 1991 neither resident nor ordinarily resident” substitute “ cease on or after 19 March 1991 to be resident ”, and
(b)in paragraph (b), omit “and ordinarily resident”.
(4)The amendments made by this paragraph apply to changes in the residence status of trustees on or after 6 April 2013.
All content is available under the Open Government Licence v3.0 except where otherwise stated. This site additionally contains content derived from EUR-Lex, reused under the terms of the Commission Decision 2011/833/EU on the reuse of documents from the EU institutions. For more information see the EUR-Lex public statement on re-use.
