Finance Act, 2001
Abolition of probate tax. |
225.—(1) Chapter I (which relates to the taxation of assets passing on inheritance) of Part VI of the Finance Act, 1993 , is repealed. | |
(2) Sections 137, 138, 139 and 140 of the Finance Act, 1994 , section 143 of the Finance Act, 1997 , section 127 of the Finance Act, 1998 , and sections 147 and 150 of the Finance Act, 2000 , are repealed. | ||
(3) Subsections (1) and (2) shall have effect in relation to probate tax which would but for this section first become due and payable on or after 6 December 2000. |