Schedule 4
Finance Bill
12:30 pm
Nicholas Winterton (Macclesfield, Conservative)
With this it will be convenient to discuss the following amendments: No. 61, in schedule 4, page 131, line 41, leave out ‘on’ and insert
‘or additional tax on or by reason of’.
No. 63, in schedule 4, page 132, line 28, leave out from beginning to ‘(if’ in line 30 and insert—
‘(a) in the case of a lifetime claim,
(i) by the survivor within the period of two years from the end of the month in which a lifetime transfer was made, or such longer period as an officer of Revenue and Customs may in the particular case allow, or
(ii) (if no such claim is made and the survivor dies before the end of that period) by the personal representatives of the survivor within the permitted period;
and;
(b) in the case of a death claim,
(i) by the personal representatives of the survivor within the survivor within the permitted period, or
(ii) ’.