Clause 4
Repeal and re-enactment of section 13
of Estate Duty (Amendment) Bill
BillNot in forceProvision 4 of 5
Clause 4
Section 13 of the principal Act is repealed and the following section substituted therefor:“Gifts to approved museum13.—
(1)
No estate duty shall be payable in respect of any gift inter vivos of —
(a)
money; or
(b)
any other approved gift,made on or after 1st April 1987 to any approved museum.
(2)
In this section, “approved” means approved by the Minister or such person as he may appoint.”.