IHTM24130 | Successive transfers: Introduction
From HM Revenue & Customs · Inheritance Tax Manual
contains provisions where, in certain circumstances, agricultural relief may be allowed on a second transfer even though the occupation () and ownership () requirements of are not satisfied. These provisions operate as an alternative to and dispense with the ‘minimum’ period for both the occupation and ownership tests.
In this respect, the provisions of are quite different from those in which apply to successions. ()