42 Application in relation to Scotland
Finance Act 2005 (2005 c 7) | Legislation

42  Application in relation to Scotland

(1)     This Chapter applies in relation to Scotland with the following modifications.

(2)     In section 23(5), for “trusts on which property is held for the benefit of a vulnerable person are qualifying trusts” substitute “property held in trust for the benefit of a vulnerable person is held in qualifying trust”.

(3)     In section 31(3)(a), for “on the qualifying trusts” substitute “in qualifying trust (in the same trust as the settled property disposed of)”.

(4)

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