Section 87H — Taxation of Chargeable Gains Act 1992: Meaning of “close member of the settlor's family”

Meaning of “close member of the settlor's family” 87H 1 For the purposes of sections 87D and 87G as they apply in relation to a settlement, a person is a close member of the settlor's family at any time if the settlor is living at that time and—

a the person is the settlor's spouse or civil partner at that time, or b the person—

i is a child of the settlor, or of a person who at that time is the settlor's spouse or civil partner, and ii at that time has not reached the age of 18.

2 For the purposes of subsection (1), two people living together as if they were a married couple or civil partners are treated as if they were spouses or civil partners of each other.