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Contents

Official guidance
Capital Gains Manual

CG37300P · Capital Gains Manual: Trusts and Capital Gains Tax: Becoming absolutely entitled: general: Main occasions of absolute entitlement

  • CG37301 · Absolute entitlement: occasions of absolute entitlement: general
  • CG37310 · Absolute entitlement: termination after specific period
  • CG37320 · Absolute entitlement: termination of life interest
  • CG37321 · Absolute entitlement: termination of life interest
  • CG37322 · Absolute entitlement: termination of life interest
  • CG37330 · Absolute entitlement: exercise of power to advance or appoint capital
  • CG37331 · Absolute entitlement: exercise of power to advance or appoint capital
  • CG37332 · Absolute entitlement: date of absolute entitlement
  • CG37340 · Absolute entitlement: main occasions: agreement to terminate trust
  • CG37350 · Absolute entitlement: main occasions: reaching a specified age
  • CG37360 · Absolute entitlement: contingencies: date of absolute entitlement
  • CG37370 · Absolute entitlement: valuation
  • CG37371 · Absolute entitlement: valuation
  • CG37372 · Absolute entitlement: valuation
  • CG37373 · Absolute entitlement: valuation
  1. Capital Gains Manual: Trusts and Capital Gains Tax: Becoming absolutely entitled: general: Main occasions of absolute entitlement: Contents
  2. Absolute entitlement: exercise of power to advance or appoint capital

CG37331 | Absolute entitlement: exercise of power to advance or appoint capital

From HM Revenue & Customs · Capital Gains Manual

In Scotland, the statutory power of advancement (Section 16 Trusts (Scotland) Act 1921) is in more limited terms and covers only payments for the maintenance and education of a beneficiary who is a minor, if the income is insufficient, and the Court gives consent.

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