Part 2Income tax, corporation tax and capital gains tax
Chapter 4Trusts with vulnerable beneficiary
Introductory
24Entitlement to make claim for special tax treatment
A claim for special tax treatment under this Chapter for a tax year may be made by F1the trustees of a settlement if—
a
in the tax year they hold property on qualifying trusts for the benefit of a vulnerable person, and
b
a vulnerable person election has effect for all or part of the tax year in relation to those trusts and that person.