This section has no associated Explanatory Notes
12 SAny consideration given for the person in whose favour the appointment was made or the discretion was exercised becoming an object of the power or discretion is to be treated for the purpose of this Act as the consideration for the acquisition of the interest.
Commencement Information
I1 Sch. 18 para. 12 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2