SCHEDULE 19 INHERITANCE TAX
PART I AMENDMENTS OF 1984 ACT
16
1
In section 66 (rate of ten-yearly charge) in subsection (3)(b) for the words “preceding ten years” there shall be substituted “
preceding seven years
”
.
2
For paragraph (c) of subsection (3) of that section there shall be substituted—
c
on which tax is charged in accordance with section 7(2) of this Act
3
In subsection (5)(a) of that section for the word “ten” there shall be substituted “
seven
”
.