Paragraph 9 F1

(1)

An election under this Schedule must be made by notice in writing to HMRC within two years after D's death.

(2)

An election under this Schedule may be withdrawn by notice in writing to HMRC given—

(a)

by all those who would be entitled to make such an election, and

(b)

no later than the end of the period of two years and one month after D's death.

(3)

An officer of Revenue and Customs may agree in a particular case to extend the time limit in sub-paragraph (1) or (2)(b) by such period as the officer may allow.

Annotations

Textual amendments

F1: Sch. 1A inserted (with effect in accordance with Sch. 33 para. 10(1) of the amending Act) by Finance Act 2012 (c. 14), Sch. 33 para. 1

Notes on the whole Act

Textual amendments

F1: By Finance Act 1986 s. 100(1), on and after 25 July 1986 the Capital Transfer Tax Act 1984 may be cited as the Inheritance Tax Act 1984.