12 Exemption from ten-yearly charge for heritage property
Finance (No 2) Act 2015 (2015 c 33) | Legislation

12  Exemption from ten-yearly charge for heritage property

(1)     Section 79 of IHTA 1984 (exemption from ten-yearly charge) is amended as follows.

(2)     In subsection (3)—

(a)     for “then, if” substitute “subsection (3A) below applies if”,

(b)     in paragraph (a), for “has, on a claim made for the purpose, been” substitute “is, on a claim made for the purpose,”,

(c)     after that paragraph insert—

“(aa)     that claim is made during the period beginning with the date of a ten-year anniversary of the settlement (“the relevant ten-year anniversary”) and ending—

(i)     two years after that date, or

(ii)     on such later date as the Board may allow,”,

(d)

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