Statute
Section 70 — Taxation of Chargeable Gains Act 1992: Transfers into settlement.
Text of the provision Official document
Transfers into settlement.
70 A transfer into settlement, whether revocable or irrevocable, is a disposal of the entire property thereby becoming settled property notwithstanding that the transferor has some interest as a beneficiary under the settlement and notwithstanding that he is a trustee, or the sole trustee, of the settlement.
Official source: legislation.gov.uk
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