{
  "url": "https://openlegislation.uk/finance-act-1997/section-93",
  "json_url": "https://openlegislation.uk/finance-act-1997/section-93.json",
  "legislation": "ukpga/1997/16",
  "legislation_title": "Finance Act 1997",
  "legislation_url": "https://openlegislation.uk/finance-act-1997",
  "path": "section/93",
  "kind": "section",
  "number": "93",
  "heading": "Rate bands.",
  "text": "(1) For the Table in Schedule 1 to the Inheritance Tax Act 1984 there shall be substituted—\nTable of Rates of Tax\nPortion of value\nLower limit (£)\nUpper limit (£)\nRate of tax\nPer cent.\n0\n215,000\nNil\n215,000\n40\n(2) Subsection (1) above shall apply to any chargeable transfer made on or after 6th April 1997; and section 8 of that Act (indexation of rate bands) shall not have effect as respects any difference between the retail prices index for the month of September 1995 and that for the month of September 1996.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "M",
      "label": "M1",
      "text": "1984 c. 51."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1997/16/section/93",
    "retrieved_at": "2026-10-29T09:27:43.076653+00:00",
    "licence": "OGL-UK-3.0",
    "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."
  }
}