SCHEDULES
SCHEDULE 22Computation of profits: adjustment on change of basis
Part 4Supplementary provisions
14Liability of personal representatives in case of death of person chargeable
In the case of the death of a person who, if he had not died, would have been chargeable to tax under this Schedule on an amount representing part of an adjustment charge—
a
the tax which would have been so chargeable shall be assessed and charged on his personal representatives and shall be a debt due from and payable out of his estate, and
b
his personal representatives may make any election under this Schedule that he might have made.