SCHEDULES

SCHEDULE 14Gifts to the nation

PART 4General provision

Pre-eminent property

22

1

In this Schedule, “pre-eminent property” means—

a

any picture, print, book, manuscript, work of art, scientific object or other thing that the relevant Minister is satisfied is pre-eminent for its national, scientific, historic or artistic interest,

b

any collection or group of pictures, prints, books, manuscripts, works of art, scientific objects or other things if the relevant Minister is satisfied that the collection or group, taken as a whole, is pre-eminent for its national, scientific, historic or artistic interest, or

c

any object that is or has been kept in a significant building if it appears to the relevant Minister desirable for the object to remain associated with the building.

2

A “significant building” is any building falling within section 230(3)(a) to (d) of IHTA 1984 (acceptance of property in lieu of tax).

3

“National interest” includes interest within any part of the United Kingdom.

4

In determining whether an object or collection or group of objects is pre-eminent, regard is to be had to any significant association of the object, collection or group with a particular place.