PART 5Settlements: payment of tax and returns
Liability to pay the tax
15Where the trustees of a settlement are liable to pay the tax, the payment may be recovered (but only once) from any one or more of the responsible trustees.
Liability to make returns
16A return in relation to a land transaction may be made by any one or more of the responsible trustees in relation to the transaction (the “relevant trustees”).
Duty to make declaration
17The declaration required by section 36(1) or (2)(a) must be made by all the relevant trustees.
Responsible trustees
18The responsible trustees, in relation to a land transaction, are—
(a)the persons who are trustees at the effective date of the transaction, and
(b)any person who subsequently becomes a trustee.