(1) a capital sum1 is paid to the settlor2 in a tax year3 by any body corporate4 connected5 with the settlement in that year; and
(2) an associated payment6 has been, or is, made directly or indirectly to that body by the trustees of the settlement,
the capital sum is treated7 as having been paid to the settlor by the trustees of the settlement8.
Such a capital sum is treated:
(a) so far as the amount of that sum falls within the total of the associated payment or payments made up to the end of the tax year in which
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