Section 13 Acceptance of property in satisfaction of interest on tax.

(1)

. . . F1

(2)

References to estate duty in—

(a)

the provisions mentioned in section 8(3) above; and

(b)

section 32 of the M1Finance Act 1958 and section 5 of the M2Finance Act (Northern Ireland) 1958,

shall include references to interest payable under section 18 of the M3Finance Act 1896.

(3)

Section 8 above shall have effect where by virtue of this section F2or section 230(1) or 231(2) of the Capital Transfer Tax Act 1984 property is accepted in satisfaction of interest as it has effect where property is accepted in satisfaction of capital transfer tax or estate duty and references in this Part of this Act to property accepted in satisfaction of tax shall be construed accordingly.

Annotations

Textual amendments

F1: S. 13(1) repealed by Capital Transfer Tax Act 1984 (c. 51, SIF 65), s. 277, Sch. 9
F2: Words inserted by Capital Transfer Tax Act 1984 (c. 51, SIF 65), s. 276, Sch. 8 para. 15

Marginal citations

M1: 1958 c. 56.
M2: 1958 c. 14 (N.I.)
M3: 1896 c. 28.