{
  "url": "https://openlegislation.uk/finance-act-2025/schedule-13/paragraph-2",
  "json_url": "https://openlegislation.uk/finance-act-2025/schedule-13/paragraph-2.json",
  "legislation": "ukpga/2025/8",
  "legislation_title": "Finance Act 2025",
  "legislation_url": "https://openlegislation.uk/finance-act-2025",
  "path": "schedule/13/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": "IHTA 1984",
  "text": "In section 5 (meaning of estate), for subsection (1B) substitute—\n“(1B) An interest in possession falls within this subsection if—\n(a) the person became beneficially entitled to it on or after 9 December 2009 by virtue of a disposition that was prevented from being a transfer of value by section 10 (no gratuitous benefit), and\n(b) the person—\n(i) has been a long-term UK resident at any time on or after 6 April 2025 while beneficially entitled to it, or\n(ii) became beneficially entitled to it at a time before 6 April 2025 while domiciled in the United Kingdom.”",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2025/8/schedule/13/paragraph/2",
    "retrieved_at": "2026-10-29T08:47:01.939707+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."
}