CG18070 - Annual exempt amount: settlements: disabled persons: restrictions

Where, on or after 10 April 1981, a settlor has made two or more settlements (other than an excluded' settlement, see CG18112-CG18113) mainly for the benefit of one or more disabled persons, you must restrict the main exemption. You divide the exemption between the settlements in the same way as described in CG18097-CG18098, subject to the proviso that if there are ten or more settlements, then the exemption for each settlement is one-tenth of the main exemption. For the meaning of settlement’ see CG33280+.