Finance Act, 1992
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Amendment of section 102 (interpretation (Part V)) of Finance Act, 1986. |
225.—(1) The definition of “chargeable discretionary trust” in section 102 of the Finance Act, 1986 , is hereby amended by the substitution of “21 years” for “25 years” in paragraph (b). | |
(2) This section shall have effect in relation to any chargeable date occurring on or after the 5th day of April, 1994. |