43U.K.In section 286(3) of TCGA 1992 (connected persons: trustees)—
(a)omit “and” at the end of paragraph (b), and
(b)after paragraph (c) insert—
“(d)if the settlement is the principal settlement in relation to one or more sub-fund settlements, the trustees of the sub-fund settlements, and
(e)if the settlement is a sub-fund settlement in relation to a principal settlement, the trustees of any other sub-fund settlements in relation to the principal settlement.”