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Commentary

I7.541 Maintenance funds—overview

IHT, trusts and estates

I7.541 Maintenance funds—overview

A transfer, by an individual or a company, or on the termination of an interest in possession under a settlement, to a maintenance fund is an exempt transfer if made after 8 March 1982, and relevant property which becomes subject to the maintenance fund rules is exempt from the normal exit charge (see I7.544).

The

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