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Part 13E+W[F1Powers to amend trusts and use capital]

Textual Amendments

SupplementaryE+W

285Power to alter sums [F2etc] specified in this PartE+W

(1)The [F3Secretary of State] may by order amend any provision listed in subsection (2)—

(a)by substituting a different sum for the sum for the time being specified in that provision, F4...

F4(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)The provisions are—

[F9(3)The Secretary of State may by regulations amend—

(a)the period of time specified in section 284A(2)(b), or

(b)the multiplier in the formula set out in section 284B(1),

so as to substitute a different time period or multiplier (as the case may be) for the period or multiplier for the time being specified in that provision.]