Paragraph 1

In this Schedule—

(a)

references to a reduction are to a reduction of tax by the substitution of F1a new Table in Schedule 1 to this Act, and

(b)

references to something happening before or after a reduction are to its happening before or, as the case may be, on or after the date on which F2the Table giving effect to the reduction F3comes into force.

Annotations

Textual amendments

F1

Finance Act 1986 Sch. 19, para. 37(1)(a),with effect from 18March 1986.Originally

“new Tables”.

F2

Finance Act 1986 Sch. 19, para. 37(1)(b),with effect from 18March 1986.Originally

“the Tables”.

F3

Finance Act 1986 Sch. 19 para. 37(2)with effect from 18March 1986.Originally

“come”.

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.