Section 135 Chevening Estate.

United Kingdom

(1)

The enactments relating to F1. . . F2capital transfer tax shall not apply in respect of property held on the trusts of the trust instrument set out in the M1Schedule to Chevening Estate Act 1959.

(2)

This section shall be deemed always to have had effect.

Annotations

Textual amendments

F1: Words in s. 135 repealed (6.3.1992 with effect as mentioned in s. 289(1)(2) of the repealing Act) by Taxation of Chargeable Gains Act 1992 (c. 12), ss. 289, 290, Sch.12 (with s. 201(3), Sch. 11 paras. 20, 22, 26(2), 27).
F2: Words substituted by Finance Act 1985 (c. 54), s. 93(7), Sch. 25 para. 10

Marginal citations

M1: 1959 c. 49.