§ Amendments made: No. 24, in page 87, leave out lines 27 to 34.
§
No. 25, in page 89, line 11, at end insert—
'(8) In determining the value of a person's estate immediately before his death, no account shall be taken (by virtue of section 5 of the 1984 Act) of any liability arising under or in connection with a policy of life insurance issued in respect of an insurance made on or after 1st July 1986 unless the whole of the sums assured under that policy form part of that person's estate immediately before his death.'.—[Mr. MacGregor.]