high value trust definition
high value trust means a trust—
high value trust means a trust where the aggregate value of the cash and investments which form part of the trust’s assets (before deducting the amount of its liabilities)—
high value trust means a trust where the aggregate value of the cash and investments which form part of the trust's assets (before deducting the amount of its liabilities) — (a) is £10 million or more; or (b) has been £10 million or more at any time during the year immediately preceding the date on which the communication in question was first made or directed.