Finance Act, 1894

Adaptation of law as to probate duty grant.

51 & 52 Vict. cc. 41 and 60.

52 & 53 Vict. c. 50.

44 & 45 Vict. c. 12.

19. In substitution for the grant out of the probate duties under the Local Government Act, 1888, the Probate Duty ([1 Scotland and] Ireland) Act, 1888, and the Local Government (Scotland) Act, 1889, there shall be paid, out of the proceeds of the Estate duty derived from personal property,[2] such sum as the Commissioners, in accordance with regulations made by the Treasury under those Acts, may determine to be an amount equal to one and a half per cent. on the net value of such of the property in respect of which Estate duty is leviable as would, if this Act had not been passed, have been chargeable with the duty imposed by section twenty-seven of the Customs and Inland Revenue Act, 1881, on Inland Revenue affidavits, and the first-mentioned Acts shall apply, as if the sum so determined were the probate duty grant or one half of the proceeds of the sums collected in respect of the probate duties (as the case requires) within the meaning of those Acts.

British Possessions.

[1 This Act is rep. as to S. by 52 & 53 Vict. c. 50. s. 19 (5).]

[2 By 7 Edw. 7. c. 13. s. 17 (1) the payment is to be made out of the Consolidated Fund instead of being thus charged.]