Inheritance Tax Act 1984 section 151C

Dependant dying with other pension fund

Section 151C dealt with the inheritance tax treatment when a dependant died holding a pension fund derived from another person, but this section has been removed from the legislation.

• Section 151C was introduced by Finance Act 2006 to address the inheritance tax position when a dependant died with a pension fund originally belonging to someone else.
• The section was removed (omitted) from the Inheritance Tax Act 1984 by Finance Act 2011.
• The removal took effect for deaths occurring on or after 6 April 2011.
• For any deaths before 6 April 2011 where this section was relevant, the original provisions as they stood at that time would still apply.