Commentary on Sections Overview Overview
1481.This Chapter provides rules about unauthorised unit trusts (UUTs).
1482.There are related sections about UUTs in Chapter 13 of Part 15. Those sections provide for the trustees to be treated as making deemed payments representing the gross amount of the income they receive. They also provide for the trustees to be treated as deducting income tax from those payments at the basic rate, and for the collection of that income tax.