PART I GENERAL

Dispositions that are not transfers of value

17 Changes in distribution of deceased’s estate, etc.

None of the following is a transfer of value—

(a)

a variation or disclaimer to which section 142(1) below applies;

(b)

a transfer to which section 143 below applies;

(c)

an election by a surviving spouse under section 47A of the Administration of M1Estates Act 1925;

(d)

the renunciation of a claim to legitim within the period mentioned in section 147(6) below.