1(1)This Schedule makes provision about the application of this Act and TCMA in relation to trusts.U.K.
(2)This Schedule is arranged as follows—
(a)paragraph 2 defines key terms;
(b)paragraph 3 makes provision about transactions involving bare trusts;
(c)paragraphs 4 to 10 make provision about transactions involving settlements and the responsibilities of trustees of a settlement;
(d)paragraph 11 makes provision about the treatment of the interests of beneficiaries under certain trusts.
Commencement Information
I1Sch. 8 para. 1 in force at 1.4.2018 by S.I. 2018/34, art. 3