SCHEDULES
SCHEDULE 38 Quotation or listing of securities
The Inheritance Tax Act 1984
2
1
For the second and the last occurrences of the word “quoted” in each of—
a
sections 105(1ZA) and 113A(3B) of the M1Inheritance Tax Act 1984 (meaning of “quoted” etc.), and
b
the paragraph in section 272 of that Act (general interpretation) which defines “quoted” and “unquoted”,
there shall be substituted “
listed
”
.
2
This paragraph has effect—
a
in relation to transfers of value on or after 1st April 1996; and
b
for the purposes of any charge to tax by reason of an event occurring on or after 1st April 1996, in relation to transfers of value before that date.