1B

A relevant decoration or award is excluded property if it has never been the subject of a disposition for a consideration in money or money’s worth.

1BA

In subsection (1B) “relevant decoration or award” means a decoration or other similar award—

a

that is designed to be worn to denote membership of—

i

an Order that is, or has been, specified in the Order of Wear published in the London Gazette (“the Order of Wear”), or

ii

an Order of a country or territory outside the United Kingdom,

b

that is, or has been, specified in the Order of Wear,

c

that was awarded for valour or gallant conduct,

d

that was awarded for, or in connection with, a person being, or having been, a member of, or employed or engaged in connection with, the armed forces of any country or territory,

e

that was awarded for, or in connection with, a person being, or having been, an emergency responder within the meaning of section 153A (death of emergency service personnel etc), or

f

that was awarded by the Crown or a country or territory outside the United Kingdom for, or in connection with, public service or achievement in public life.