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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Capital Gains Tax Act 1979 (repealed 6.3.1992)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. Death of annuitant.

Section 57 | Death of annuitant.

From legislation.gov.uk

Sections 54(1) and 55(1) above shall apply, where an annuity which is not a life interest is terminated by the death of the annuitant, as they apply on the termination of a life interest by the death of the person entitled thereto.In this section “life interest” has the same meaning as in section 55 above.

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