[F12(1)For the purposes of this Schedule whether a person is connected with another person is determined in accordance with section 993 of the Income Tax Act 2007.U.K.
(2)But for those purposes sections 993 and 994 of that Act are to be read as if in those sections—
(a)“relative” included uncle, aunt, nephew and niece, and
(b)“settlement”, “settlor” and “trustee” had the same meanings as in IHTA 1984.]
Textual Amendments
F1Sch. 15 para. 2 substituted (with effect in accordance with s. 1034(1) of the amending Act) by Income Tax Act 2007 (c. 3), s. 1034(1), Sch. 1 para. 482(2) (with Sch. 2)