I1.114 Account duty

I1.114 Account duty

Account duty was introduced in 18811 to reinforce probate duty and was charged at the same rates as probate duty. It was payable on:

  1.  

    (a)     any donatio mortis causa2 and on any gift inter vivos not made bona fide more than three months before the death or made at any time if the deceased had reserved some benefit;

  2.  

    (b)     property transferred by the deceased voluntarily during his lifetime into the joint beneficial ownership of himself and another;

  3.  

    (c)     property settled by the deceased during his lifetime in which he had reserved a life interest or had reserved

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