5Paragraph 1 above does not apply if the settlor dies in the year.
6(1)This paragraph applies where for the purposes of paragraph 1(1)(d) above the settlor has no interest in the settlement at any time in the year except for one of the following reasons, namely, that—
(a)property is, or will or may become, applicable for the benefit of or payable to one of the persons falling within paragraph 4(3)(b) to (d) above,
(b)income is, or will or may become, applicable for the benefit of or payable to one of those persons, or
(c)one of those persons enjoys a benefit from property or income.
(2)This paragraph also applies where sub-paragraph (1) above is fulfilled by virtue of two or all of paragraphs (a) to (c) being satisfied by reference to the same person.
(3)Where this paragraph applies, paragraph 1 above does not apply if the person concerned dies in the year.
(4)In a case where—
(a)this paragraph applies, and
(b)the person concerned falls within paragraph 4(3)(b) or (d) above,
paragraph 1 above does not apply if during the year the person concerned ceases to be married to the settlor or child concerned (as the case may be).
7(1)This paragraph applies where for the purposes of paragraph 1(1)(d) above the settlor has no interest in the settlement at any time in the year except for the reason that there are two or more persons, each of whom—
(a)falls within paragraph 4(3)(b) to (d) above, and
(b)stands to gain for the reason stated in sub-paragraph (2) below.
(2)The reason is that—
(a)property is, or will or may become, applicable for his benefit or payable to him,
(b)income is, or will or may become, applicable for his benefit or payable to him,
(c)he enjoys a benefit from property or income, or
(d)two or all of paragraphs (a) to (c) above apply in his case.
(3)Where this paragraph applies, paragraph 1 above does not apply if each of the persons concerned dies in the year.