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 ”.U.K.
(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 ”.