419 Gifts and benefits linked to periods of less than 12 months
Income Tax Act 2007 (2007 c 3) | Legislation

419  Gifts and benefits linked to periods of less than 12 months

(1)     This section modifies the application of section 418(2) in relation to a gift if condition A, B, C or D is met.

(2)     Condition A is that a benefit associated with the gift relates to a period of less than 12 months.

(3)     Condition B is that a benefit associated with the gift consists of a right to receive benefits at intervals over a period of less than 12 months.

(4)     Condition C

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