# Inheritance Tax Act 1984, Paragraph 5


Where tax is chargeable under section 32 or 32A of this Act by reason of a chargeable event occurring after a reduction and the rate or rates at which it is charged fall to be determined under the provisions of section 33(1)(b)(ii) by reference to a death which occurred before that reduction (or before that and one or more other reductions) those provisions shall apply as if the Table in Schedule 1 as substituted by that reduction (or by the most recent of those reductions) had been in force at the time of the death.

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Source: https://www.legislation.gov.uk/ukpga/1984/51/schedule/2/paragraph/5 (the official version)
Page: https://openlegislation.uk/inheritance-tax-act-1984/schedule-2/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.