SCHEDULES

SCHEDULE 7Remittance basis

Part 2Non-resident companies and trusts etc

Attribution of gains to beneficiaries: cases involving transfers of value

142

In paragraph 10 (residence of trustees from whom capital payment received)—

a

in sub-paragraph (1), for “sub-paragraph (2) below” substitute “ paragraph 9(3) ”, and

b

omit sub-paragraphs (2) and (3).