# Finance Act 2012, Paragraph 27


In section 25 (gifts for national purposes etc), after subsection (2) insert—
“(3) A transfer of value is an exempt transfer to the extent that the value transferred by it is attributable to property that is being transferred in the circumstances described in paragraph 1 of Schedule 14 to the Finance Act 2012 (gifts to the nation).”

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/14/paragraph/27 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-14/paragraph-27
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.