Introduction Overview Chapter 6:Distributions Section 553: Meaning of “holder of excessive rights”
1745.This section defines “holder of excessive rights”. It is based on section 114(1) and 134(1) of, and paragraph 13 of Schedule 17 to, FA 2006.
1746.This section enacts regulation 1(2) of SI 2006/2864. See Change 43 in Annex 1.