(1)This section applies if an individual to whom section 684 (person liable to counteraction of income tax advantage) applies (or may apply) has died.
(2)Any notice or notification to the individual under this Chapter may be given to the individual’s personal representatives.
(3)The provisions of this Chapter relating to any such notice or notification, to the making of a statutory declaration, to rights of appeal and to the giving of information must be read accordingly.
In this Chapter—
“company” includes any body corporate,
“dividends” includes references to other qualifying distributions and to interest,
“securities”—
includes shares and stock, and
in relation to a company not limited by shares (whether or not it has a share capital) also includes a reference to the interest of a member of the company as such, whatever the form of that interest,
“trading stock” has the meaning given by section 174 of ITTOIA 2005, and
“transaction in securities” means transactions, of whatever description, relating to securities, and in particular—
the purchase, sale or exchange of securities,
issuing or securing the issue of new securities,
applying or subscribing for new securities, and
altering or securing the alteration of the rights attached to securities.