Finance Act 1989

[F13AU.K.Where a trust is established after the day on which the Finance Act 1994 was passed, the trust deed must make provision as mentioned in one of paragraphs (a) to (c) below—

(a)provision for the establishment of a body of trustees and complying with paragraph 3(2) to (4) above;

(b)provision for the establishment of a body of trustees and complying with paragraph 3B(2) to (9) below;

(c)provision that at any time while the trust subsists there must be a single trustee.]

Textual Amendments