The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

[F1 Trusts having effect on death U.K.

8.   A trust where—

(a) the trust is holding only benefits received on the death of the person assured under a policy within paragraph 4, and

(b) less than two years has passed since that person’s death.]

Textual Amendments

F1 Sch. 3A inserted (6.10.2020) by The Money Laundering and Terrorist Financing (Amendment) (EU Exit) Regulations 2020 (S.I. 2020/991), regs. 1(2), 11