# Finance Act 1986, Paragraph 4


Where there is a disposal by way of gift and the donee dies before the date which is the material date in relation to any property comprised in the gift, paragraphs 2 and 3 above shall apply as if—
(a) he had not dies and the acts of his personal representatives were his acts; and
(b) property taken by another person under his testamentary dispositions or his intestacy (or partial intestacy) were taken under a gift made by him at the time of his death.

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Source: https://www.legislation.gov.uk/ukpga/1986/41/schedule/20/paragraph/4 (the official version)
Page: https://openlegislation.uk/finance-act-1986/schedule-20/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.