935 Absolute, limited and discretionary interests

Section 935 Absolute, limited and discretionary interests

Corporation Tax Act 2009 (2009 c 4) | Legislation

935  Absolute, limited and discretionary interests

(1)     A person has an absolute interest in the whole or part of the residue of an estate for the purposes of this Chapter if—

(a)     the capital of the residue or that part is properly payable to the person, or

(b)     it would be so payable if the residue had been ascertained.

(2)     A person has a limited interest in the whole or part of the residue of an estate during any period for the

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