193 Changes between death and sale
Inheritance Tax Act 1984 (1984 c 51) | Legislation

193  Changes between death and sale

(1)     Where the conditions mentioned in subsection (2) below are not satisfied in relation to any interest to which the claim relates then, subject to subsections (3) and (4) below, an addition shall be made to the sale price of the interest; and the amount of the addition shall be equal to the difference between—

(a)     the value on death of the interest, and

(b)     what that value would have been if the circumstances prevailing at the date of the sale and by reason

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