Section 98 — “Transfer” and “revocable transfer” defined

For the purposes of sections 96 and 97, and this section,—
( a) “transfer” includes any settlement, trust, covenant, agreement or
arrangement;
( b) a transfer shall be deemed to be revocable, if—
( i) it contains any provision for the direct or indirect re-transfer of the
whole or any part of the income or assets to the transferor; or
( ii) it, in any way, gives the transferor a right to re-assume power directly
or indirectly over the whole or any part of the income or assets.