PART 6Other provisions
Trusts
291Trusts with vulnerable beneficiary: meaning of “disabled person”
1
Schedule 1A to FA 2005 (meaning of “disabled person”) is amended as follows.
2
In paragraph 1—
a
for paragraph (c) substitute—
c
a person in receipt of a disability living allowance by virtue of entitlement to—
i
the care component at the highest or middle rate, or
ii
the mobility component at the higher rate,”, and
b
in paragraph (d), omit “by virtue of entitlement to the daily living component”.
3
In paragraph 3, after “rate” insert “
, or to the mobility component at the higher rate,
”
.
4
In paragraph 4, omit “by virtue of entitlement to the daily living component”.
5
The amendments made by this section have effect—
a
for the purposes of sections 89, 89A and 89B of IHTA 1984, in relation to property transferred into settlement on or after 6 April 2014, and
b
for all other purposes, for the tax year 2014-15 and subsequent tax years.