Schedule 4
Finance Bill
4:30 pm
Frank Cook (Stockton North, Labour)
I remind the Committee that with this we are discussing the following amendments: No. 45, in schedule 4, page 133, line 44, at end insert—
‘2A (1) Section 18 (transfers between spouses) is amended as follows.
(2) After subsection (4) insert—
“(5) Subsection (2) shall cease to have effect from 6 April 2008.”’.
No. 46, in schedule 4, page 136, line 36, at end insert—
‘(6) Where the deceased person died before 13 March 1975, section 8A applies as if any property then left to the survivor was not charged to estate duty, whether or not it was.’.