Related Commentary  Related HMRC Manuals

169C(1)  This section applies in relation to a disposal (“the relevant disposal”)–

(a)made by a person (“the transferor”) to the trustees of a settlement,

(b)in relation to which section 165(4) or 260(3) applies, or would apart from this section apply, and

(c)in respect of which Condition 1 or Condition 2 below is satisfied.

169C(2)  Condition 1 is that, at any time during the clawback period,–

(a)there is a settlor who has an interest in the settlement, or

(b)an arrangement subsists under which such an interest will or may be acquired by a settlor.

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