Commentary on Sections Structure of Chapters Overview Section 643: Interpretation of sections 641 and 642
2462.This section provides definitions of and further information on terms used in sections 641 and 642. It is based on section 678 of ICTA.
2463.Subsection (1) provides the same tests as section 633 in ascertaining whether a capital sum has been paid to a settlor.
2464.Subsection (4) widens the meaning of payments made by or to another body corporate. It enables sections 641 and 642 to apply where the body corporate making the payment to the settlor is a different body corporate to that receiving the payment from the trustees, whether directly or indirectly, but where both bodies corporate are associated.