SCHEDULE 22MISCELLANEOUS RELIEFS
Relief for property accepted in satisfaction of tax
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A land transaction—
a
which is entered into under section 9 of the National Heritage Act 1980 (c. 17) (disposal of property accepted by the Commissioners for Revenue and Customs in satisfaction of inheritance tax) and by which property is transferred to a person mentioned in subsection (2) of that section, or
b
which is entered into under subsection (4) of that section,
is relieved from tax.