This section has no associated Explanatory Notes
396U.K.In section 174(1) (liabilities for which allowance is to be made in determining the value of an estate) in paragraph (b)—
(a)for “Schedule 13 to the Finance Act 1996 (discounted securities)” substitute “ Chapter 8 of Part 4 of the Income Tax (Trading and Other Income) Act 2005 (deeply discounted securities) ”, and
(b)for “paragraph 4(2) of that Schedule” substitute “ section 437(2) of that Act ”.