Legislative Trusts
1. A trust imposed or required by an enactment.
Trusts imposed by court order
2. A trust created by, or in order to satisfy the terms of, an order of a court or tribunal.
Pension scheme trusts
3. A trust holding sums or assets of a pension scheme which is a registered pension scheme for the purposes of Part 4 of the Finance Act 2004 [2004 c. 12.].
Trusts of insurance policies
(1) A trust of a life policy paying out only -
(a) on the death, terminal or critical illness, or permanent or temporary disablement of the person assured; or
(b) to meet the cost of healthcare services provided to the person assured.
(2) A trust of an insurance policy paying out only -
(a) on the temporary disablement of the person assured, where that policy was applied for at the same time as a policy under sub-paragraph (1); or
(b) to meet the cost of healthcare services provided to the person assured.
(3) A trust of the benefits payable on the death of the person assured und
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