SCHEDULES

SCHEDULE 14U.K. Inheritance tax

Payment by instalmentsU.K.

5U.K.In section 227 of that Act (payment by instalments - land, shares and businesses) the following subsection shall be inserted after subsection (1A)—

(1AA)In subsection (1A) above “unquoted”, in relation to any shares or securities, means not quoted on a recognised stock exchange.