SCHEDULES

SCHEDULE 54Repayment interest

Part 2Special provision as to repayment interest start date

Income accumulated under certain trusts

9

In the case of a repayment made in consequence of a claim under section 228 of the Income Tax Act 1952 (relief in respect of income accumulated under trusts), the repayment is to be treated as if it were a repayment of income tax paid by the claimant for the tax year in which the contingency mentioned in that section happened.