Clause 4

No estate duty shall be payable in respect of the amount of a bequest to any institution specified in the Twelfth Schedule to this Act and the value of the property passing on the death of the donor of such bequest shall be deemed not to include the amount thereof for the purpose of assessing the rate of estate duty.(2) No estate duty shall be payable in respect of any monument that is the subject of a preservation order made under section 8 of the Preservation of Monuments Act (Cap. 315).(3) The Minister may, by order published in the Gazette, amend, add to or revoke the whole or part of the Twelfth Schedule to this Act.”.