§ Dr. David ClarkTo ask the Chancellor of the Exchequer on how many occasions since 1980 any agreement for inheritance tax exemptions for national heritage land of outstanding scenic, historic or scientific interest has been broken; if he will indicate the location of the land and the undertakings that were broken in each case; and if he will make a statement.
§ Mr. Francis Maude[holding answer 17 October 1991]: This information is not readily available and could be obtained only at disproportionate cost.
258WIf a landowner breaks an undertaking given in respect of conditionally exempt land inheritance tax is chargeable on the current value of the property. This provides a powerful incentive to honour the terms of the undertaking.