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YB 4: Two relatives
or “Rules for when two relatives are considered associated for tax purposes”
You could also call this:

“Trustees and relatives of beneficiaries are considered connected for tax purposes”

You and another person are considered associated if you are the trustee of a trust, and someone related to that other person has benefited or can benefit from the trust. The related person is determined by the rules in section YB 4.

This rule doesn’t apply when dealing with land-related matters in the tax law.

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Next up: YB 6: Trustee and beneficiary

or “Trustees are connected to trust beneficiaries, except for land-related rules”
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Part Y Definitions and related matters
Associated persons and nominees: Table Y1: Associated person rules

YB 5Person and trustee for relative

  1. Two persons (person A and person B) are associated persons if person A is the trustee of a trust under which a person associated under section YB 4 with person B has benefited or is eligible to benefit.

  2. This section does not apply for the purposes of the land provisions.

Notes
  • Section YB 5: substituted, on , by section 563(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).