Search Legislation

Finance Act 2006

 Help about what version

What Version

 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Paragraph 23

 Help about opening options

Alternative versions:

Changes to legislation:

There are currently no known outstanding effects for the Finance Act 2006, Paragraph 23. Help about Changes to Legislation

23U.K.In section 80 of IHTA 1984 (postponement of commencement date of settlement where settlor, or spouse or civil partner or surviving spouse or surviving civil partner, has interest in possession at outset), after subsection (3) insert—

(4)Where the occasion first referred to in subsection (1) above occurs on or after 22nd March 2006, this section applies—

(a)as though for “an interest in possession” in each place where that appears in subsection (1) above there were substituted “ a postponing interest ”, and

(b)as though, for the purposes of that subsection, each of the following were a “postponing interest”—

(i)an immediate post-death interest;

(ii)a disabled person's interest.

Back to top

Options/Help