The Trusts (Capital and Income) Act 2013 (Commencement No.1) Order 2013

• Citation: S.I. 2013/676
• Sections: 4

Section 1 Citation and interpretation

This Order may be cited as the Trusts (Capital and Income) Act 2013 (Commencement No.1) Order 2013.

Section 2 Citation and interpretation

In this Order, “the 2013 Act ” means the Trusts (Capital and Income) Act 2013.

Section 3 Provision coming into force on the 6th April 2013

Section 4 of the 2013 Act (total return investment by charities) comes into force on 6th April 2013 for the purpose only of exercising the power to make regulations in accordance with section 104B of the Charities Act 2011 as inserted by that provision.

Section 4 Provisions coming into force on the 1st October 2013

The following provisions of the 2013 Act come into force on 1st October 2013—

(a) section 1 (disapplication of apportionment etc. rules);

(b) section 2 (classification of certain corporate distributions as capital);

(c) section 3 (power to compensate income beneficiary).