Chapter 3 – Settlements without interests in possession, and certain settlements in which interests in possession subsist

Contents

Section 58 – Relevant property Section commentary
Section 59 – Qualifying interest in possession Section commentary
Section 60 – Commencement of settlement Section commentary
Section 61 – Ten-year anniversary Section commentary
Section 62 – Related settlements Section commentary
Section 62A – Same-day additions Section commentary
Section 62B – Same day additions: exceptions Section commentary
Section 62C – Protected settlements Section commentary
Section 63 – Minor interpretative provisions Section commentary
Section 64 – Charge at ten-year anniversary Section commentary
Section 65 – Charge at other times Section commentary
Section 66 – Rate of ten-yearly charge Section commentary
Section 67 – Added property, etc. Section commentary
Section 68 – Rate before first ten-year anniversary Section commentary
Section 69 – Rate between ten-year anniversaries Section commentary
Section 70 – Property leaving temporary charitable trusts Section commentary
Section 71 – Accumulation and maintenance trusts Section commentary
Section 71A – Trusts for bereaved minors Section commentary
Section 71B – Charge to tax on property to which section 71A applies Section commentary
Section 71C – Sections 71A and 71B: meaning of “bereaved minor” Section commentary
Section 71D – Age 18-to-25 trusts Section commentary
Section 71E – Charge to tax on property to which section 71D applies Section commentary
Section 71F – Calculation of tax charged under section 71E in certain cases Section commentary
Section 71G – Calculation of tax charged under section 71E in all other cases Section commentary
Section 71H – Sections 71A to 71G: meaning of “parent” Section commentary
Section 72 – Property leaving employee trusts and newspaper trusts Section commentary
Section 73 – Pre-1978 protective trusts Section commentary
Section 74 – Pre-1981 trusts for disabled persons Section commentary
Section 74A – Arrangements involving acquisition of interest in settled property etc. Section commentary
Section 74B – Section 74A: supplementary provision Section commentary
Section 74C – Interpretation of sections 74A and 74B Section commentary
Section 75A – Property becoming subject to employee-ownership trust Section commentary
Section 75 – Property becoming subject to employee trusts Section commentary
Section 76 – Property becoming held for charitable purposes, etc. Section commentary
Section 77 – Maintenance funds for historic buildings, etc. Section commentary
Section 82A – Excluded property: property to which section 81 applies (new cases) Section commentary
Section 81B – Excluded property: property to which section 80 applies Section commentary
Section 85 – Credit for annual charges under Finance Act 1975 Section commentary
Section 84 – Income applied for charitable purposes Section commentary
Section 83 – Property becoming settled on a death Section commentary
Section 82 – Excluded property: property to which section 81 applies (old cases) Section commentary
Section 81A – Reversionary interests in relevant property Section commentary
Section 81 – Property moving between settlements Section commentary
Section 80 – Initial interest of settlor or spouse Section commentary
Section 79A – Variation of undertakings Section commentary
Section 79 – Exemption from ten-yearly charge Section commentary
Section 78 – Conditionally exempt occasions Section commentary

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