IHTM03161 - Form 402: introduction
Form 402 is a blue file cover that is used to hold papers relating to relevant property settlements. The file comes in two versions - the standard Form 402 and Form 402 (S). The only difference between the two covers is that the Form 402 has a concertina spine that allows it to hold more papers.
There is one file cover used for each settlement and the accounts and papers for each specific chargeable event are held in one of the following sub-files
- Form 403 (IHTM03201) (if the event is a proportionate charge)
- Form 403a (IHTM03211) (if the event is a ten year anniversary charge)
These sub-files are kept inside the Form 402.