Schedule 12 | CONSEQUENTIAL AMENDMENTS

From legislation.gov.uk

General

(1)Repealed

(2)The amendments made by the following paragraphs—

(a)so far as they relate to estate duty, have effect in relation to deaths occurring after the passing of this Act, and

(b)so far as they relate to capital transfer tax, have effect in relation to transfers of values whenever made.

The Local Registration of Title (Ireland) Act 1891

(1)In the Local Registration of Title (Ireland) Act 1891, the following subsection shall be added at the end of section 45—

(5)The registering authority may, upon the application of the Board of Inland Revenue and without the concurrence of the registered owner, register an Inland Revenue charge (within the meaning of Part Ill of the Finance Act 1975) as a burden under this section affecting the land or any interest therein subject to that charge.

(2)Repealed

The Colonial Probates Act 1892

(4)In section 2(1) of the Colonial Probates Act 1892 after the words “deceased person” there shall be inserted the words “ then (subject to section 156A of the Supreme Court of Judicature (Consolidation) Act 1925, section 42 of the Probate and Legacy Duties Act 1808 and section 99A of the Probates and Letters of Administration Act (Ireland) 1857) ”.

The Land Registration Act 1925

(5)Repealed

The Inheritance (Family Provision) Act 1938

(6)Repealed

The Finance Act 1946

(7)Repealed

The Crown Proceedings Act 1947

(a)in paragraph (a), for the words “death duties” there shall be substituted the words “ capital transfer tax ” ; and

(b)Repealed

(9)In section 14 of the Crown Proceedings Act 1947, as applied to the Crown in right of Her Majesty’s Government in the United Kingdom by the Northern Ireland (Crown Proceedings) Order 1949, in paragraph (c) and (d) after the words “value added tax” there shall be inserted the words “ and capital transfer tax ”.

Small Estates (Representation) Act 1961

(1)In relation to Scotland section 1 of the Small Estates (Representation) Act 1961 shall be amended as provided by the following sub-paragraphs.

(2)For subsection (2) there shall be substituted the following subsection—

(2)Gross estate in this Act and in the enactments specified in the First Schedule to this Act means the aggregate of the property heritable and moveable included in the deceased’s estate, and for the purposes of this Act and those enactments the value of the net estate shall be taken to be the value of the gross estate less reasonable funeral expenses and the aggregate of all liabilities enforceable against the deceased which were incurred forhis benefit, and in respect of which he had no right of recourse.

(3)Subsection (3) shall be omitted.

The Licensing Act 1964

(11)Repealed

The Finance Act 1965

(12)Repealed

(14)Repealed

The Income and Corporation Taxes Act 1970

(16)Repealed

The Finance Act 1971

(17)Repealed

The Land Charges Act 1972

(1)The Land Charges Act 1972 shall be amended as follows.

(2)In section 2(4)(ii), for the words “the Finance Act 1894 or” there shall be substituted the words “ Part III of the Finance Act 1975 or under ”, and for the words “death duties” there shall be substituted the words “ capital transfer tax ”.

(3)Repealed

(4)In section 3(6), for the word “duties” there shall be substituted the word “ tax ”.

(5)In section 4(6), after the words “money’s worth” there shall be inserted the words “ (or, in the case of an Inland Revenue charge, a purchaser within the meaning of Part III of the Finance Act 1975) ”.

(6)In section 17(1), for the words “will” and “death duties” there shall be substituted the words “ and will ”.

The Finance Act 1974

(19)Repealed

The Inheritance (Family Provision) Act (Northern Ireland) 1960

(1)In section 5(1) of the Inheritance (Family Provision) Act (Northern Ireland) 1960, for the words “estate duty” there shall be substituted the words “ capital transfer tax ”.

(2)In section 9(1) of that Act, in the definition of “net estate”, for the words “estate duty” there shall be substituted the words “ capital transfer tax ”.

The Land Registration Act (Northern Ireland) 1970

(21)In Schedule 6 to the Land Registration Act (Northern Ireland) 1970 the following paragraph shall be added at the end of Part II—.