SCHEDULES

SCHEDULE 36Agreement between UK and Switzerland

PART 4The future: inheritance tax

Repayments

24Nothing in this Part entitles any person to a repayment or refund of tax, save for any repayment to which a person may be entitled as a result of paragraph 23 if the credit allowable under that paragraph exceeds the inheritance tax due from the person on the value transferred by the chargeable transfer.