Statutory Instruments
2013 No. 676 (C. 29)
Trusts, England And Wales
The Trusts (Capital and Income) Act 2013 (Commencement No.1) Order 2013
Made
18th March 2013
The Secretary of State makes the following order in exercise of powers conferred by section 5 of the Trusts (Capital and Income) Act 2013( 1 ).
Citation and interpretation
1. This Order may be cited as the Trusts (Capital and Income) Act 2013 (Commencement No.1) Order 2013.
2. In this Order, “the 2013 Act” means the Trusts (Capital and Income) Act 2013 .
Provision coming into force on the 6th April 2013
3. Section 4 of the 2013 Act (total return investment by charities) comes into force on 6th April 2013 for the purpose only of exercising the power to make regulations in accordance with section 104B of the Charities Act 2011 as inserted by that provision.
Provisions coming into force on the 1st October 2013
4. The following provisions of the 2013 Act come into force on 1st October 2013—
(a) section 1 (disapplication of apportionment etc. rules);
(b) section 2 (classification of certain corporate distributions as capital);
(c) section 3 (power to compensate income beneficiary).
Signed by authority of the Secretary of State
Helen Grant
Parliamentary Under Secretary of State
Ministry of Justice
18th March 2013
2013 c.1 .