SCHEDULES
SCHEDULE 37Companies owned by employee-ownership trusts
PART 3Inheritance tax relief
12
(1)
In section 29A (abatement of exemption where claim settled out of beneficiary’s own resources), in subsection (6)—
(a)
for “to 28” substitute “to 28A”, and
(b)
for “or 28” substitute “, 28 or 28A”.
(2)
The amendment made by this paragraph has effect in relation to transfers of value made on or after 6 April 2014.