SCHEDULES

SCHEDULE 23Data-gathering powers

Part 2Relevant data-holders

Settlements

26

1

Each of the following is a relevant data-holder—

a

a person who makes a settlement,

b

the trustees of a settlement,

c

a beneficiary under a settlement, and

d

any other person to whom income is payable under a settlement.

2

Section 620 of ITTOIA 2005 (meaning of “settlement” etc) applies for the purposes of this paragraph.