{
  "url": "https://openlegislation.uk/finance-act-1993/section-197",
  "json_url": "https://openlegislation.uk/finance-act-1993/section-197.json",
  "legislation": "ukpga/1993/34",
  "legislation_title": "Finance Act 1993",
  "legislation_url": "https://openlegislation.uk/finance-act-1993",
  "path": "section/197",
  "kind": "section",
  "number": "197",
  "heading": "Rate bands: indexation for 1994 onwards.",
  "text": "(1) In section 8 of the Inheritance Tax Act 1984 (indexation of rate bands)—\n(a) in subsection (1) for “December in 1984” there shall be substituted “ September in 1993 ” and for “previous December” there shall be substituted “ previous September ”;\n(b) in subsection (3) for “December” there shall be substituted “ September ”;\n(c) in subsection (4) for “1985” there shall be substituted “ 1994 ”.\n(2) This section shall apply in relation to chargeable transfers made on or after 6th April 1994.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1993/34/section/197",
    "retrieved_at": "2026-10-29T09:34:56.691459+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}