732 [Individuals] receiving a benefit as a result of relevant transactions
Income Tax Act 2007 (2007 c 3) | Legislation

732  [Individuals] receiving a benefit as a result of relevant transactions

(1)     This section applies if—

(a)     a relevant transfer occurs,

(b)     an individual [receives a benefit in a tax year],

(c)     the benefit is provided out of assets which are available for the purpose as a result of—

(i)     the transfer, or

(ii)     one or

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