[463C Restricted relief qualifying policies: personal representatives and trustees with deceased settlors]
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

[463C  Restricted relief qualifying policies: personal representatives and trustees with deceased settlors]

[(1)     This section applies for the purpose of determining if personal representatives are liable for tax charged under this Chapter as provided for by section 466.

(2)     This section also applies for the purpose of determining if trustees are liable for tax charged under this Chapter as provided for by section 467 where—

(a)     condition B in that section is met, and

(b)     the person who created the trusts has died.

(3)     In relation to an event occurring on or after 6 April 2013, section 485 (disregard

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