Finance Act, 1994
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Provision relating to section 11 (inheritance deemed to be taken) of Principal Act and section 123 of Finance Act, 1993. |
148.—Without prejudice to the meaning of section 11 of the Principal Act as enacted, that section shall have effect and be deemed always to have had effect as if the provisions of section 123 of the Finance Act, 1993 , had not been enacted, except where the consideration referred to in the said section 11, being consideration in relation to a disposition, could not reasonably be regarded (taking into account the disponer's position prior to the disposition) as representing full consideration to the disponer for having made such a disposition. |