Modifications etc. (not altering text)
C1Pt. 13 Ch. 2 applied by 1988 c. 1, s. 762ZA (as inserted (21.7.2008 with effect in accordance with Sch. 7 para. 98 of the amending Act) by Finance Act 2008 (c. 9), Sch. 7 para. 94)
(1)In relation to anything done by a solicitor on behalf of a client who does not consent to the information otherwise required from the solicitor under section 748 being provided, the solicitor may not be compelled under that section to do more than—
(a)state that the solicitor is or was acting on behalf of a client, and
(b)give the name and address of the client and any relevant person.
(2)In the case of anything done by the solicitor in connection with the transfer of any asset by or to an individual who is ordinarily UK resident to or by a body corporate to which subsection (6) applies, the transferor and the transferee are relevant persons.
(3)In the case of anything done by the solicitor in connection with any associated operation in relation to any such transfer, the persons concerned in the associated operations are relevant persons.
(4)In the case of anything done by the solicitor in connection with the formation or management of a body corporate to which subsection (6) applies, the body corporate is a relevant person.
(5)In the case of anything done by the solicitor in connection with—
(a)the creation of any settlement as a result of which income becomes payable to a person abroad, or
(b)the execution of the trusts of any such settlement,
the settlor and that person are relevant persons.
(6)This subsection applies to bodies corporate resident or incorporated outside the United Kingdom which—
(a)are, or if UK resident would be, close companies, and
(b)are not companies whose business consists wholly or mainly of the carrying on of a trade or trades.
(7)In this section “settlement” and “settlor” have the meanings given by section 620 of ITTOIA 2005.
(8)In the application of this section to Scotland, any reference to the trusts of a settlement is a reference to the purposes of the settlement.