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Legislation
Capital Gains Tax Act 1979 (repealed 6.3.1992)

Crossheading Settlements

  • Section 51 Meaning of “settled property”.
  • Section 52 Trustees of settlements.
  • Section 53 Gifts in settlement.
  • Section 54 Person becoming absolutely entitled to settled property.
  • Section 55 Termination of life interest etc.
  • Section 56 Death of life tenant: exclusion of chargeable gain.
  • Section 56A Effect on sections 55 and 56 of relief under Finance Act 1980, section 79.
  • Section 57 Death of annuitant.
  • Section 58 Disposal of interests in settled property.
  1. Settlements
  2. Meaning of “settled property”.

Section 51 | Meaning of “settled property”.

From legislation.gov.uk

In this Act, unless the context otherwise requires, “settled property” means any property held in trust other than property to which section 46 above (nominees and bare trustees) applies.This definition has effect subject to section 61(4) (insolvents’ assets) and 93 (unit trusts) below.

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