2. In this Order—
“acceptance valuation date” in respect of any trust property means the date selected by the public trustee in relation to that property under article 11(1) or 15(1);
“executor” means the executor of a will or the administrator of an estate however appointed;
“financial year” means the year ending on 31st March;
“gross capital value” means the value of the estate or trust property (excluding any annuity or other terminable payment purchased by any person in the name of, transferred to or covenanted to be paid to the public trustee for the benefit of some other person) without deduction for debts, incumbrances, funeral expenses or inheritance tax.