8Liability to pay trust recoupment tax

8 Liability to pay trust recoupment tax

(1) Subject to this Act, where a primary taxable amount, an elected taxable amount or a company taxable amount exists in relation to a person, the person is liable to pay the tax imposed on that taxable amount by the Trust Recoupment Tax Act 1985. (2) Subject to this Act, where a secondary taxable amount exists in relation to an eligible beneficiaries class, the persons included in that class are jointly and severally liable to pay the tax imposed on that amount by the Trust Recoupment Tax Act 1985.