# Inheritance Tax Act 1984, Paragraph 1


(1) This Schedule applies if—
(a) a chargeable transfer is made (under section 4) on the death of a person (“D”), and
(b) all or part of the value transferred by the chargeable transfer is chargeable to tax at a rate other than nil per cent.
(2) The part of the value transferred that is chargeable to tax at a rate other than nil per cent is referred to in this Schedule as “TP”.

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Source: https://www.legislation.gov.uk/ukpga/1984/51/schedule/1A/paragraph/1 (the official version)
Page: https://openlegislation.uk/inheritance-tax-act-1984/schedule-1A/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.