Section 45ZA(3)

The trustees of a trust to which paragraph (1) applies must, within the time specified in paragraph (5), provide the Commissioners with the following information, apart from any information already provided to the Commissioners under regulation 45 (at a time when the trust was a taxable relevant trust within the meaning of that regulation)— the information specified in paragraphs (i) to (v) in relation to each of the beneficial owners of the trust who is an individual, and in relation to any other individual referred to as a potential beneficiary in a document from the settlor relating to the trust such as a letter of wishes— but if sub-paragraph (b) applies, this information does not need to be provided in relation to the beneficiaries of the trust; the individual’s full name; the individual’s month and year of birth; the individual’s country of residence; the individual’s nationality; the nature and extent of the individual’s beneficial interest, where the beneficial owners include a class of beneficiaries, not all of whom have been determined, a description of the class of persons who are beneficiaries or potential beneficiaries under the trust; the information specified in paragraphs (i) to (iii) in relation to each of the beneficial owners of the trust who is a legal entity— the legal entity’s corporate or firm name; the registered or principal office of the legal entity; the nature of the entity’s role in relation to the trust.

← 2 · All articles · 4 →

Source: legislation.gov.uk · retrieved 2026-09-04