Degree of relationship
(1) Two persons are associated persons if —
Exception: blood relationships
(2) For the purposes of the land provisions and sections EB 13 (Low turnover valuation) and EC 5 (Transfer of livestock because of self-assessed adverse event), subsection (1)(a) and (c) does not apply, and persons are associated persons because of a blood relationship only if 1 is the infant child of the other.
Treatment of adoption
(3) For the purposes of this section, a child by adoption is treated as a natural child of the adoptive parents and not as a natural child of the birth parents.
(4) A person is not associated with another person under this section if the person cannot reasonably be expected to know that—
Defined in this Act: associated person, land provisions
Section YB 4: substituted, on 1 April 2010, by section 563(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).