Commentary

I4.318 Loss on sale of land — compulsory acquisition

IHT, trusts and estates

I4.318 Loss on sale of land — compulsory acquisition

I4.318 Loss on sale of land — compulsory acquisition

The legislation singles out for special treatment cases where an interest in land is compulsorily acquired more than three years after a death where the notice to treat was served before the death or within the period of three years thereafter.

If after the end of the period of three years immediately following the date of the death an interest in land is acquired from the appropriate person in pursuance of a notice to treat served before the death or within the three-year period by an authority possessing powers of compulsory

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