237 Imposition of charge
Inheritance Tax Act 1984 (1984 c 51) | Legislation

Inland Revenue charge for unpaid tax

237  Imposition of charge

(1)     Except as otherwise provided, where any tax charged on the value transferred by a chargeable transfer, or any interest on it, is for the time being unpaid a charge for the amount unpaid (to be known as an Inland Revenue charge) is by virtue of this section imposed in favour of the Board on—

(a)     any property to the value of which the value transferred is wholly or partly attributable, and

(b)     where [property becomes comprised in a settlement by virtue of the chargeable transfer or the chargeable transfer] is made under Part III of this Act, any property comprised in the settlement.

(2)     References in subsection (1) above to any property include references to any property directly or indirectly representing it.

[(2A)     Where tax is charged by virtue of Schedule

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