Part 3Income tax, corporation tax and capital gains tax

Chapter 4Personal taxation

Gifts with a reservation

84Charge to income tax by reference to enjoyment of property previously owned

(1)

Schedule 15 (which contains provisions imposing a charge to income tax by reference to benefits received in certain circumstances by a former owner of property) has effect.

(2)

That Schedule has effect for the year 2005-06 and subsequent years of assessment.