Finance Act 2014 Explanatory Notes

Finance Act 1986

141.Paragraph 17(1) amends the provisions in section 102(5) Finance Act 1986 so that the reservation of benefit provisions does not apply to a gift which is exempt from tax under section 28A.

142.Paragraph 17(2) provides that this amendment has effect for disposals on or after 6 April 2014.

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