# The Inheritance Tax Avoidance Schemes (Prescribed Descriptions of Arrangements) Regulations 2017, Regulation 5: Prescribed description of arrangements in relation to inheritance tax


(1) Arrangements are excepted from being prescribed under regulation 3 if they—
(a) implement a proposal which has been implemented by related arrangements; and
(b) are substantially the same as the related arrangements.
(2) In this regulation “related arrangements” means arrangements which—
(a) were entered into before 1st April 2018; and
(b) at the time they were entered into, accorded with established practice of which HMRC had indicated their acceptance.

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Source: https://www.legislation.gov.uk/uksi/2017/1172/regulation/5 (the official version)
Page: https://openlegislation.uk/inheritance-tax-avoidance-schemes-prescribed-descriptions-of-arrangements-regulations-2017/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.