Finance Act, 1931

Exemption from succession duty.

29.—Where the net value of all the property, real and personal, passing or deemed to pass on the death of any person dying on or after the date of the passing of this Act under an inter vivos disposition or dispositions made by the deceased and under his will or intestacy in respect of which estate duty is payable on his death does not exceed one thousand pounds succession duty shall not be payable under such inter vivos disposition or dispositions.