635 Amount of available income
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

635  Amount of available income

(1)     For the purposes of section 633 the amount of income available up to the end of any tax year is, in relation to any capital sum paid as mentioned in subsection (1) of that section by the trustees of a settlement, calculated as follows.

(2)     Add together the amount of [unprotected] income arising under the settlement

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