Finance Act, 1938

Amendment of section 2 of the Finance Act, 1894.

27.—In the case of any person dying after the passing of this Act, the property which is deemed, by virtue of paragraph (e) of sub-section (1) of section 2 of the Finance Act, 1894 , as amended by section 32 of the Finance Act, 1924 (No. 27 of 1924), to be property passing on the death of the deceased shall not include property comprised in dispositions or gifts which—

(a) were made in consideration of marriage, or

(b) are proved to the satisfaction of the Revenue Commissioners to have been part of the normal expenditure of the deceased and to have been reasonable having regard to the amount of his income or to the circumstances, or

(c) in the case of any donee, do not exceed in the aggregate one hundred pounds in value or amount.

of the interest.