16(1)Section 430 of the Taxes Act shall be amended as follows.
(2)In subsection (1), for paragraph (a) there shall be substituted the following paragraph—
“(a)in determining the value of his estate for the purposes of any capital transfer tax chargeable on his death, and”.
(3)In subsection (2), for the words "estate duty payable in respect of" there shall be substituted the words " capital transfer tax attributable to ".
(4)In subsection (4), for the words " principal value " there shall be substituted the word " value ".
(5)In subsection (5), there shall be substituted—
(a)for the words from " accountable " to " Northern Ireland) ", the words " liable for capital transfer tax and the Board " ;
(b)for the words " principal value ", the word " value " ; and
(c)for the words " any estate duty ", the words " any capital transfer tax ".