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The Inheritance Tax (Delivery of Accounts) (Scotland) Regulations 1991

S.I. 1991/1249 · Made 23 May 1991

Original text. legislation.gov.uk does not revise statutory instruments, so later amendments are not shown here. Changes made to it are listed under each provision when known.

INHERITANCE TAX

Made 23rd May 1991

Laid before the House of Commons 31st May 1991

Coming into force 1st July 1991

The Commissioners of Inland Revenue, in exercise of the powersconferred on them by section 256(1) of the Inheritance Tax Act 1984f1, hereby make the following Regulations:

Annotations to the whole text

Footnotes

f1

1984 c. 51. By virtue of section 100(1) and (2) of theFinance Act 1986 (c. 41) on and after 25th July 1986 the Capital TransferTax Act 1984 may be cited as the Inheritance Tax Act 1984, and anyreference in that Act to capital transfer tax is to have effectas a reference to inheritance tax, except where the referencerelates to a liability arising before 25th July 1986.

Contents

  1. 1Citation, commencement and extent
  2. 2Citation, commencement and extent
  3. 3Interpretation
  4. 4Amendments to Principal Regulations
  5. Signature
  6. Explanatory note

1Citation, commencement and extent

These Regulations may be cited as the Inheritance Tax (Delivery ofAccounts) (Scotland) Regulations 1991 and shall come into force on 1stJuly 1991.

2Citation, commencement and extent

These Regulations extend to Scotland only.

3Interpretation

In these Regulations“the Principal Regulations” means the Capital Transfer Tax (Delivery of Accounts) (Scotland)Regulations 1981f1.

4Amendments to Principal Regulations

In Regulation 3 of the Principal Regulations—

(a)

in paragraph (b) for“£115,000” there shall be substituted“£125,000”;

(b)

in paragraph (d) for“1st April 1990” there shall be substituted“1st April 1991”.

Signature

A J G Isaac

L J H Beighton

Two of the Commissioners of Inland Revenue

23rd May 1991

Explanatory note

(This note is not part of the Regulations)

The Principal Regulations (S.I. 1981/881) as amended by theInheritance Tax (Delivery of Accounts) (Scotland) Regulations 1990(S.I. 1990/1111) dispensed with the need to delivery an account for thepurposes of inheritance tax where (subject to specified exceptions) thevalue of a deceased’s estate did not exceed £115,000 and where thedeceased died on or after 1st April 1990. These Regulations increasethat limit to £125,000 in respect of deaths on or after 1st April1991.