SCHEDULES
SCHEDULE 18“Subsidiary” and related expressions: consequential amendments and savings
Inheritance Tax Act 1984 (c. 51)
30
1
The Inheritance Tax Act 1984 is amended as follows.
2
In section 13 (dispositions by close companies for benefit of employees), in the definition of “subsidiary” in subsection (5) for “the same meaning as in” substitute “
the meaning given by section 736 of
”
.
3
In section 103 (introductory provisions relating to relief for business property), in subsection (2) for “the same meanings as in” substitute “
the meanings given by section 736 of
”
.
4
In section 234 (interest on instalments) in subsection (3) for “within the meaning of” substitute “
as defined in section 736 of
”
.