638 Capital sums paid by way of loan or repayment of loan
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Trustees' payments: further provisions

638  Capital sums paid by way of loan or repayment of loan

(1)     No part of a capital sum which is paid to a settlor by way of loan is treated under section 633 as the settlor's income for any tax year after the tax year in which the whole

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