Statute
Section 166 — Inheritance Tax Act 1984: Creditors’ rights.
Text of the provision Official document
Creditors’ rights. 166 In determining the value of a right to receive a sum due under any obligation it shall be assumed that the obligation will be duly discharged, except if or to the extent that recovery of the sum is impossible or not reasonably practicable and has not become so by any act or omission of the person to whom the sum is due.
Official source: legislation.gov.uk
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