HC Deb 25 April 1939 vol 346 c1102

Resolved, That the enactments relating to Estate Duty shall, in the case of persons dying after the twenty-fifth day of April, nineteen hundred and thirty-nine, be amended with regard to—

  1. (a) the annuities and other interests that are to be treated as passing on the death of a deceased person by virtue of paragraph (d) of Sub-section (1) of Section two of the Finance Act, 1894, and as being property in which he had an interest;
  2. (b) the exclusion of certain debts and in-cumbrances from those which may be deducted from the value of the estate of a deceased person in determining the value of the estate for the purposes of Estate Duty;
  3. (c) the inclusion in property passing on the death of a deceased person by virtue of paragraph (c) of Sub-section (1) of Section two of the Finance Act, 1894, of property applied to the discharge of certain debts and incumbrances, and the payment of Estate Duty accordingly, notwithstanding anything in Section three of that Act."