36(1)In each of the provisions set out in sub-paragraph (2) for “at no time resident or ordinarily resident in the United Kingdom” substitute “ at no time resident and ordinarily resident in the United Kingdom ”.U.K.
(2)Those provisions are—
F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)paragraph 4(1) of Schedule 4C (chargeable amount: non-resident settlement).
(3)Sub-paragraph (2)(b) shall have effect in relation to a transfer of value made on or after 6th April 2007 (in relation to settlements whenever created).
Textual Amendments
F1Sch. 12 para. 36(2)(a) omitted (with effect in accordance with Sch. 7 para. 115 of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 7 para. 114(d)
Commencement Information
I1Sch. 12 paras. 35-40 in force at 6.4.2007 unless otherwise expressly provided see Sch. 12 para. 41