Income Tax Act 2007(c. 3) - Explanatory Notes

Explanatory Notes

Income Tax Act 2007

2007 CHAPTER 3

20 March 2007

Commentary on Sections

Part 9: Special rules about settlements and trustees

Overview

Chapter 2: General provision about settlements and trustees

Overview

Section 468: Meaning of “disposable property”

1359. This section defines the new term “disposable property”. It is based on section 685B(5) of ICTA.

1360. The definition covers the same ground as section 62(10) of TCGA.