# The Inheritance Tax (Delivery of Accounts) (Excepted Settlements) Regulations 2008, Regulation 5: Discharge of trustees and property from tax

Extent: E+W+S+N.I.
Status: prospective

(1) Paragraph (2) shall apply to an excepted settlement within regulation 4(2).
(2) The trustees of the settlement shall, on the expiration of the period of six months beginning with the date of the chargeable event, be discharged from any claim for tax on the occasion of the chargeable event and attributable to the value of the property comprised in the excepted settlement and any Inland Revenue charge for that tax shall then be extinguished unless, within that period, the Commissioners issue a notice requiring an account of that property.
(3) This regulation is subject to regulation 6.

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Source: https://www.legislation.gov.uk/uksi/2008/606/regulation/5 (the official version)
Page: https://openlegislation.uk/inheritance-tax-delivery-of-accounts-excepted-settlements-regulations-2008/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.