Part 6

Exempt income
Chapter 8

Other annual payments

Periodical payments of personal injury damages etc.

Persons entitled to exemptions for personal injury payments etc.
733
The persons entitled to the exemptions given by sections 731(1) and 732(1) for payments are—
a
the person entitled to the damages under the order, agreement, undertaking or to the compensation under the award in question (“A”),
b
a person who receives the payment in question on behalf of A, and
c
a trustee who receives the payment in question on trust for the benefit of A under a trust under which A is, while alive, the only person who may benefit.
S. 733 modified (1.4.2010) by The MFET Limited (Application of Sections 731, 733 and 734 of the Income Tax (Trading and Other Income) Act 2005) Order 2010 (S.I. 2010/673), arts. 1(1), 2(1)(3)
S. 733 applied (with modifications) (23.10.2017) by The Infected Blood Schemes (Application of Sections 731, 733 and 734 of the Income Tax (Trading and Other Income) Act 2005) Order 2017 (S.I. 2017/904), arts. 1(1), 2(3)
S. 733 modified (13.4.2017) by The Scottish Infected Blood Support Scheme (Application of Sections 731, 733 and 734 of the Income Tax (Trading and Other Income) Act 2005) Order 2017 (S.I. 2017/446), arts. 1(1), 2(3)
S. 733 applied (with modifications) (18.5.2011) by The Skipton Fund Limited (Application of Sections 731, 733 and 734 of the Income Tax (Trading and Other Income) Act 2005) Order 2011 (S.I. 2011/1157), arts. 1(1), 2