§ Amendments made: No. 73, in page 283, line 27, leave out from 'is' to end of line 30 and insert
'remitted to the United Kingdom in circumstances such that, if the settlor were actually entitled to that income when remitted, he would be chargeable to income tax by reason of his residence in the United Kingdom, it shall be treated for the purposes of this Chapter as arising under the settlement in the year in which it is remitted.'.
No. 74, in page 284, line 13, leave out from beginning to 'insert' and insert—
'.—(1) Section 677 of the Taxes Act 1988 is amended as follows.
(2) In subsection (2)(b) after "the amount of insert "that income taken into account under that subsection in relation to".
(3) After subsection (2)(f)'.
No. 75, in page 284, line 16, at end insert—
'( ) In subsection (9) after "one of the events specified in section 673(3)" insert "or, in the case of a sum paid on or after 6th April 1995, in one of the events specified in section 660A(4) or on the death under the age of 25 of any such person as is mentioned in section 660A(5)".'.
No. 76, in page 284, line 16, at end insert—
'. In section 678 of the Taxes Act 1988, omit subsection (7).'.—[Sir George Young.]