53 Exceptions from charge under section 52
Inheritance Tax Act 1984 (1984 c 51) | Legislation

53  Exceptions from charge under section 52

(1)     Tax shall not be chargeable under section 52 above if the settled property is excluded property.

[(1A)     Tax shall not be chargeable under section 52 above if—

(a)     the person whose interest comes to an end became beneficially entitled to the interest before 22nd March 2006,

(b)     the interest comes to an end on or after that day, and

(c)     immediately before the interest comes to an end, section 71A or 71D below applies to the property in which the interest subsists.]

(2)     Tax shall not be chargeable under section 52 above (except in the case mentioned in subsection (4)(b) of that section) if the person whose interest in the property comes

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