SCHEDULES

SCHEDULE 2Compensation of victims of overseas terrorism: consequential amendments

Inheritance Tax Act 1984 (c. 51)

2

1

The Inheritance Tax Act 1984 is amended as follows.

2

In section 71A (trusts for bereaved minors)—

a

in subsection (2), after paragraph (b) there is inserted

or

c

established under the Victims of Overseas Terrorism Compensation Scheme,

b

in subsection (4), for “or (b)” there is substituted “ , (b) or (c) ”.

3

In section 71D (age 18-to-25 trusts), in subsection (2), after paragraph (b) there is inserted “or

c

established under the Victims of Overseas Terrorism Compensation Scheme,