ihta84/s36.- Preliminary.

[1975 Sch.6
para.16; 1975
s.96(2),Sch.11
para.5; 1982
s.95(3).]

36. Where any one or more of sections 18, 23 to 27 and 30 above apply in relation to a transfer of value but the transfer is not wholly exempt-

(a) any question as to the extent to which it is exempt or, where it is exempt up to a limit, how an excess over the limit is to be attributed to the gifts concerned shall be determined in accordance with sections 37 to 40 below; and

(b) section 41 below shall have effect as respects the burden of tax.