Accounts3

1

No person is required to deliver an account under section 216 of the 1984 Act2 of the property comprised in an excepted estate.

2

If in reliance on these Regulations a person has not delivered an account paragraphs (3) and (4) apply.

3

If it is discovered at any time that the estate is not an excepted estate, the delivery to the Board within six months of that time of an account of the property comprised in that estate shall satisfy any requirement to deliver an account.

4

If the estate is no longer an excepted estate following an alteration of the dispositions taking effect on death within section 1423 of the 1984 Act, the delivery to the Board within six months of the date of the instrument of variation of an account of the property comprised in that estate shall satisfy any requirement to deliver an account.