(1)For the purpose of assessing a trustee of a settlement, and the settlors and beneficiaries, to income tax an inspector may by a notice given to the trustee require the trustee—
(a)to make and deliver to the inspector within the time limited by the notice a return containing such information as may be required in pursuance of the notice, and
(b)to deliver with the return such accounts and statements, relating to information contained in the return, as may be required in pursuance of the notice;
and a notice may be given to any one trustee or separate notices may be given to each trustee or to such trustees as the inspector thinks fit.
(2)Every return under this section shall include a declaration by the person making the return to the effect that the return is to the best of his knowledge correct and complete.
(3)A notice under this section may require different information, accounts and statements for different periods or in relation to different descriptions of source of income.
(4)Notices under this section may require different information, accounts and statements in relation to different descriptions of settlement.