The Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) (No. 2) Regulations 2011

• Citation: S.I. 2011/2226
• Sections: 4

Section 1 Citation, commencement and interpretation

(1) These Regulations may be cited as the Inheritance Tax (Delivery of Accounts) (Excepted Estates) (Amendment) (No. 2) Regulations 2011 and come into force on 1st October 2011.

(2) In these Regulations “the principal Regulations ” means the Inheritance Tax (Delivery of Accounts) (Excepted Estates) Regulations 2004 .

Section 2 Amendment of the principal Regulations

In regulation 4 (excepted estates) of the principal Regulations after paragraph (9) insert—

(10) Paragraphs (2)(ca), (3)(ca) and (5)(ba) shall not have effect in relation to deaths occurring on or after 6th April 2011.

Section 3 Amendment of the principal Regulations

In regulation 5A (IHT threshold) of the principal Regulations—

(1) In paragraph (6) for “(7)” substitute “(8)(a)”.

(2) For paragraph (7) substitute—

(7) In this regulation “the alternatively secured pension fund provisions” means the following sections of the 1984 Act—

(a) section 151A (person dying with alternatively secured pension fund) ;

(b) section 151B (relevant dependant with pension fund inherited from member over 75); and

(c) section 151C (dependant dying with other pension fund).

(8) In this regulation—

(a) paragraph (6) shall have effect in relation to deaths occurring on or after 1st March 2011; and

(b) paragraph (7) shall have effect in relation to deaths occurring on or after 6th April 2010.

Section 4 Amendment of the principal Regulations

(1) Regulation 6 (production of information) of the principal Regulations is amended as follows.

(2) In paragraph (1) for “paragraph (3)” substitute “paragraphs (3) and (4)”.

(3) After paragraph (3) insert—

(4) Paragraph (2)(a)(v) and (vi) shall not have effect in relation to information produced to the Board pursuant to paragraph (1) of this regulation on or after 1st March 2011.