The Inheritance Tax (Delivery of Accounts) Regulations 1987

• Citation: S.I. 1987/1127
• Sections: 4

Section 1 Citation, commencement and extent

These Regulations may be cited as the Inheritance Tax (Delivery of Accounts) Regulations 1987 and shall come into force on 1st August 1987.

Section 2 Citation, commencement and extent

These Regulations do not extend to Scotland or Northern Ireland.

Section 3 Interpretation

In these Regulations “the Principal Regulations ” means the Capital Transfer Tax (Delivery of Accounts) Regulations 1981 as amended by the Capital Transfer Tax (Delivery of Accounts) (No.3) Regulations 1983 .

Section 4 Amendments to Principal Regulations

In Regulation 3 of the Principal Regulations—

(a) in paragraph (b) for “£40,000” there shall be substituted “£70,000”;

(b) in paragraph (c) for the words from “10 per cent.” to “higher,” there shall be substituted “£10,000”;

(c) in paragraph (d) for “1st April 1983” there shall be substituted “1st April 1987”.