# Finance Act 1986, Paragraph 13


In section 38 (attribution of value to specific gifts) in subsection (6) after the words “section 5(5) above” there shall be inserted “ or by virtue of section 103 of the Finance Act 1986 ” and at the end of that subsection there shall be added “ and, to the extent that any liability of the transferor is abated under the said section 103, that liability shall be treated as a specific gift ”.

---
Source: https://www.legislation.gov.uk/ukpga/1986/41/schedule/19/paragraph/13 (the official version)
Page: https://openlegislation.uk/finance-act-1986/schedule-19/paragraph-13
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.