Commentary

I7.521 Conditional exemption qualification

IHT, trusts and estates

I7.521 Conditional exemption qualification

Conditional exemption—deaths before 7 April 1976

I7.521 Conditional exemption qualification

In certain circumstances, land and buildings of scenic, historic or scientific interest, works of art and certain other objects qualified for a conditional exemption from the charge to CTT on a death before 7 April 1976. For conditional exemption in respect of transfers after 6 April 1976 in lifetime and on death, see I7.501–I7.506.

On the making of a claim for the purpose, the Treasury1 could designate property to be within the conditional exemption if it was included in the estate of a person immediately before his death, and was any of the following:

  1.  

    (a)     land that, in the opinion of the Treasury, was of outstanding scenic, historic or scientific interest

  2.  

    (b)     a building

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