1091. Personal representatives.

Where the liability to inheritance tax arising on death falls on a personal representative1 that liability is limited to the extent of the following assets:

  1.  

    (1)     so far as the tax is attributable to property which, immediately before the death, was comprised in a settlement2 and consists of land3 in the United Kingdom, so much of that property as is at any time available in his hands for the payment of the tax, or might have been so available but for his own neglect or default4; and

  2.  

    (2)     so far as the tax is attributable to the value of