§ 5. In computing under Schedule 6 to the Finance Act 1965 the gain accruing on a disposal of assets deemed to be made by an individual on his death, the sums allowable as a deduction under paragraph 4 of that Schedule shall include any costs incurred by the personal representatives or other persons on whom the assets devolve which would have been incidental costs of making the disposal within sub-paragraph (2) of that paragraph if they had been incurred by the deceased.
§ The Amendment fulfils an assurance given in Committee to meet a point raised by the Opposition. It ensures that the incidental costs incurred by the personal representatives, including costs of valuation or apportionment, required in order to calculate capital gain will be allowable as a deduction.