HC Deb 15 April 1958 vol 586 cc85-6
85
§
16. Estate duty (miscellaneous charges)
§
Motion made, and Question,
That for the purposes of estate duty—
- (a) new provision shall be made for charging duty on deaths occurring after 15th
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April, 1958, in cases where there is at the death or has previously been in any property an interest limited to cease on the death (or similar interest), and there has after that date been a purchase of or other dealing with an interest expectant on or subject to the interest so limited;
- (b) notwithstanding any resulting charge to duty, provision may be made, in lieu of or in addition to any existing provision, for cases in which two or more persons have died within a short period or in circumstances rendering it uncertain which of them survived the other or others, and for cases in which effect is by law given to a testamentary disposition in favour of a person who has not survived the testator, and may apply where any relevant death occurs after 15th April.
- (c) section forty-four of the Finance Act. 1921, and the proviso to subsection (2) of section forty of the Finance Act, 1930 (which provide that duty shall not become chargeable on certain sales to national institutions, etc., of works of art or other property previously exempted), and any enactment amending those provisions, shall be amended so that the references to a sale shall not include a sale otherwise than by private treaty.—[Mr. Amory.]
put and agreed to.