Inheritance Tax Act 1984 Schedule 8 paragraph 3

The Land Charges Act 1972

Schedule 8 paragraph 3 updates references in the Land Charges Act 1972 so that they refer to the Capital Transfer Tax Act 1984 instead of the earlier Finance Act 1975.

• This paragraph amends the Land Charges Act 1972 to replace outdated legislative references.
• References to "Part III of the Finance Act 1975" in section 2(4)(ii) and section 2(5)(i) are replaced with references to "the Capital Transfer Act 1984".
• The reference to "Part III of the Finance Act 1975" in section 4(6) is similarly replaced with "the Capital Transfer Tax Act 1984".
• These are consequential amendments ensuring that the land charges registration system correctly cross-refers to the current inheritance tax legislation.