13U.K.In paragraph 4 (2) of Schedule 6 to that Act, for paragraphs (a) and (b) there shall be substituted—
“(a)if there has been no conditionally exempt transfer of the property on death, either—
(i)tax shall be chargeable under section 32 or 32A of this Act (as the case may be), or
(ii)estate duty shall be chargeable under those provisions,
as the Board may elect, and
(b)if there has been such a conditionally exempt transfer, there shall be a charge under section 32 or 32A of this Act (as the case may be) and not under those provisions;”.