Finance Act, 1997
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Amendment of section 117 (reduction of market value of certain dwellings) of Finance Act, 1991 . |
138.—(1) Section 117 of the Finance Act, 1991 (as amended by section 144 of the Finance Act, 1994 ), is hereby amended by the substitution in subsection (1) of “£80,000” for “£60,000”. | |
(2) This section shall have effect in relation to inheritances taken on or after the date of the passing of this Act. |