(1)At the end of section 83 of the [1981 c. 35.] Finance Act 1981 (definitions etc. for provisions relating to gains of non-resident settlements) there shall be added the following subsection—
“(7)In sections 80 to 82 above and in the preceding provisions of this section—
" settlement " and " settlor " have the meaning given by section 454(3) of the Taxes Act and " settlor " includes, in the case of a settlement arising under a will or intestacy, the testator or intestate ; and
" settled property " shall be construed accordingly.”
(2)This section has effect for the year 1984-85 and subsequent years of assessment.