Terminology change in income tax provision: substitution of "funds of the trust or the institution" clarifies statutory wording. Amendment substitutes the phrase "funds of the trust or the institution" for the prior wording "moneys of the trust or the institution" in the relevant ... Summary
Terminology change in income tax provision: substitution of "funds of the trust or the institution" clarifies statutory wording.
Amendment substitutes the phrase "funds of the trust or the institution" for the prior wording "moneys of the trust or the institution" in the relevant income tax provision, effected by the Finance (No. 2) Act, 1971 as a textual revision of the statute.
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