{
  "url": "https://openlegislation.uk/finance-act-2004/schedule-15/paragraph-1",
  "json_url": "https://openlegislation.uk/finance-act-2004/schedule-15/paragraph-1.json",
  "legislation": "ukpga/2004/12",
  "legislation_title": "Finance Act 2004",
  "legislation_url": "https://openlegislation.uk/finance-act-2004",
  "path": "schedule/15/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "In this Schedule—\n“IHTA 1984” means the Inheritance Tax Act 1984 (c. 51);\n“ITTOIA 2005” means the Income Tax (Trading and Other Income Act) 2005;\n“the 1986 Act” means the Finance Act 1986 (c. 41);\n“chattel” means any tangible movable property (or, in Scotland, corporeal movable property) other than money;\n“excluded transaction” has the meaning given by paragraph 10;\n“intangible property” means any property other than chattels or interests in land;\n“interest in land” has the same meaning as in Chapter 4 of Part 6 of IHTA 1984;\n“land” has the same meaning as in IHTA 1984;\n“prescribed” means prescribed by regulations;\n“property” has the same meaning as in IHTA 1984;\n“regulations” means regulations made by the Treasury under this Schedule;\n“settlement” and “settled property” have the same meanings as in IHTA 1984.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 15 para. 1 inserted (6.4.2005) by Income Tax (Trading and Other Income) Act 2005 (c. 5), s. 883(1), Sch. 1 para. 653(2) (with Sch. 2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2004/12/schedule/15/paragraph/1",
    "retrieved_at": "2026-10-29T09:17:16.113356+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."
}