HC Deb 23 March 1998 vol 309 c149

Resolved,

That provision (including provision having retrospective effect) may be made imposing charges under the Taxation of Chargeable Gains Act 1992 on the beneficiaries and settlors of settlements where there has been a time when the trustees of the settlement, or of a settlement from which property comprised in the settlement directly or indirectly derives—

arrangements to be regarded as resident in a territory outside the United Kingdom.