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43. Without prejudice to any express provision contained in the Trust Deed or NATS Rules:
(a)the Trustees shall be entitled to deduct from the Section Assets a sum equal to any tax, levy, fee or duty for which the Trustees become liable in respect of the NATS Section; and
(b)the Trustees shall be entitled to deduct from any benefit or other payment made under the NATS Section a sum equal to any tax, levy, fee or duty for which the Trustees become liable in consequence of such payment.
In particular, if any liability to Inheritance Tax (including interest on such tax) arises in respect of any benefit falling to be paid to any person whomsoever under the NATS Section, the Trustees may either discharge that liability and deduct the amount so paid from the benefit or may postpone payment of the benefit until the liability has been discharged or provided for to their satisfaction.
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