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(b) Section 579 shall not apply as respects chargeable gains accruing after 5 April 1999 to trustees of a settlement to which this section applies; and references in subsections (4) and (5) to capital payments received by beneficiaries do not include references to any payments received before 11 February 1999 or any payments received on or after that date so far as they represent a chargeable gain which accrued to the trustees in respect of a disposal by the trustees before 11 February 1999.

(f) Where, for the year of assessment 2002 or any subsequent year of assessment, chargeable gains are treated as accruing to a beneficiary under a settlement by virtue of section 579, then notwithstanding that section such chargeable gains, in so far as they are in respect of a disposal made on or after 7 March 2002 by the trustees of the settlement, shall be treated as accruing to the settlor in relation to the settlement and not to any other person, if the settlor is resident or ordinarily resident in the State, whether or not the settlor is the beneficiary.

(1) Subject to subsection (2), sections 579 and 579A shall apply in relation to their application to offshore income gains as if—

(b) in subsection (2) of section 579 and subsection (4) of section 579A for “the Capital Gains Tax Acts” there were substituted “the Tax Acts”,

(c) in subsection (2) of section 579 and subsection (3) of section 579A for “capital gains tax under section 31” there were substituted “income tax by virtue of section 745, and

(d) in subsection (5) of section 579 and subsection (9) of section 579A—

(a) under section 579(3), as it applies apart from subsection (1), a chargeable gain is to be attributed to a beneficiary, and

(b) under section 579(3), as applied by subsection (1), an offshore income gain is also to be attributed to the beneficiary,

section 579 shall apply as if it required offshore income gains to be attributed before chargeable gains.

(b) for “capital gains tax under sections 579 to 579F or section 590” there were substituted “income tax or corporation tax under sections 579 to 579F or section 590, as applied by section 746”,

(b) for “capital gains tax under sections 579 to 579F or section 590” there were substituted “income tax or corporation tax under sections 579 to 579F or section 590, as applied by section 746”,

may be required by a notice by the Revenue Commissioners to give such particulars as the Revenue Commissioners may consider are required to determine whether the company or trust is within section 579 or 590 within sections 579 to 579F and section 590 , and whether any chargeable gains have accrued to that company, or to the trustees of that settlement, in respect of which the person to whom the notice is given is liable to capital gains tax under section 579 or 590 under sections 579 to 579F or section 590 .

may be required by a notice by the Revenue Commissioners to give such particulars as the Revenue Commissioners may consider are required to determine whether the company or trust is within section 579 or 590 within sections 579 to 579F and section 590 , and whether any chargeable gains have accrued to that company, or to the trustees of that settlement, in respect of which the person to whom the notice is given is liable to capital gains tax under section 579 or 590 under sections 579 to 579F or section 590 .

(8) The provisions of this Chapter as respects due dates for payment of tax apply subject to sections 579(4)(b) and 981.