PART V MISCELLANEOUS RELIEFS

C1CHAPTER I BUSINESS PROPERTY

Annotations:
Modifications etc. (not altering text)
C1

Pt. V Ch. I (ss. 103-114) modified (16.7.1992) by Finance (No.2) Act 1992 (c. 48), s. 73, Sch. 14, para. 9(4).

108 Successions.

For the purposes of sections 106 and 107 above, where the transferor became entitled to any property on the death of another person—

a

he shall be deemed to have owned it from the date of the death, and

b

if that other person was his spouse he shall also be deemed to have owned it for any period during which the spouse owned it.