SCHEDULES

SCHEDULE 13 Settlements: amendments to ICTA and ITTOIA 2005 etc

Part 2 Minor and consequential amendments

9 In section 227—

(a) in subsection (5) for “trustees (other than bare trustees)” substitute “the trustees of a settlement”, and

(b) in subsection (9) for “the property held on the trusts” substitute “the settled property”.