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UK Parliament · Public Bill · No. 0962

Trusts (Capital and Income) Act 2013

[As Introduced]
A
BILL
to

This Act clarifies the legal rules about how trustees must divide trust money between 'capital' (the original amount) and 'income' (earnings from that money). It sets out clearer guidelines about what money can be spent now and what must be kept for the future, protecting people who depend on trusts.

Presented by Lord McNally
supported by Chris Grayling.
✓ Passed into lawPublicLords
Official Ballot · The People's Chamber

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The people's count15 votes
100% Aye · 150% No · 0
MPs' votePassed without division
No division called, Third Reading carried on the voices.

Bill passage

Commons

  • 1st reading23 Oct 2012
  • 2nd reading6 Nov 2012
  • Committee stage13 Nov 2012
  • Report stage7 Jan 2013
  • 3rd reading7 Jan 2013

Lords

  • 1st reading29 Feb 2012
  • 2nd reading30 Apr 2012
  • 1st reading10 May 2012
  • 2nd reading10 May 2012
  • Report stage15 Oct 2012
  • 3rd reading23 Oct 2012
Royal Assent31 Jan 2013