1090. Liability of spouse or civil partner.

Where a transferor is liable for any inheritance tax on the value transferred by a chargeable transfer, and by another transfer of value made by him on or after 27 March 1974 ('the spouse or civil partner transfer') any property became the property of a person ('the transferee') who at the time of both transfers was his spouse or civil partner, the transferee is liable for so much of the tax as does not exceed the market value of the property at the time of the spouse or civil partner transfer or, in certain circumstances, the lower market value