Explanatory Notes

Income Tax (Trading and Other Income) Act 2005

2005 CHAPTER 5

24 March 2005

Commentary on Sections

Part 4: Savings and investment income

Chapter 9: Gains from contracts for life insurance etc.

Section 521: The property selection conditions

2053. This section is based on regulation 4 of PPB(T)R. The commentary on section 519 applies equally here.