[82A Excluded property: property to which section 81 applies (new cases)]
Inheritance Tax Act 1984 (1984 c 51) | Legislation

[82A  Excluded property: property to which section 81 applies (new cases)]

[(1)     This section—

(a)     applies where, at any time on or after the day on which the Finance Act 2020 is passed, property ceases to be comprised in a settlement (“the first settlement”) but is treated as a result of section 81 as remaining comprised in that settlement for the purposes of this Chapter, and

(b)     applies whether or not at any subsequent time the property is comprised in the first settlement without regard to that section.

(2)     If the property would apart from this section be excluded property by virtue of section 48(3)(a) or (3A)(a), the property is to be regarded as excluded property for the purposes of this Chapter, except sections 78 and 79, at any time only if the non-domicile condition is met in relation to each

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