Commentary on Sections Overview Overview Section 734: Payments from trusts for injured persons
2814.This section extends the exemption to persons receiving payments from trustees on behalf of an individual entitled to the payments (for example, a child’s parents). It is based in section 329AA(4) of ICTA. See Change 122 in Annex 1.
2815.For the provisions which exempt interest on damages from income tax see section 751.