222 [Premium] trust funds
Finance Act 1994 (1994 c 9) | Legislation

Trust funds

222  [Premium] trust funds

(1)     For the purposes of the Corporation Tax Acts—

(a)     a corporate member shall be treated as absolutely entitled as against the trustees to the assets forming part of a [premium] trust fund belonging to it; and

(b)     where a deposit required by a regulatory authority in

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