673 Successive interests: payments in respect of limited interests followed by absolute interests
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

673  Successive interests: payments in respect of limited interests followed by absolute interests

(1)     This section applies if—

(a)     two or more interests in the whole or part of the residue of an estate are held successively during the administration period by different persons,

(b)     each later interest arises or is created on the cessation of the previous interest otherwise than

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