This section has no associated Explanatory Notes
13 SParagraph 14 applies where—
(a)the trustees of a settlement reallocate trust property in such a way that a beneficiary acquires an interest in certain trust property and ceases to have an interest in other trust property, and
(b)the beneficiary consents to ceasing to have an interest in that other property.
Commencement Information
I1 Sch. 18 para. 13 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2