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Inheritance and Trustees Powers Act 2014

Inheritance and Trustees Powers Act 2014 CHAPTER 16 Explanatory Notes have been produced to assist in theunderstanding of this Act and are available separately Inheritance and Trustees Powers Act 2014 CHAPTER 16 CONTENTS1 Intestacy: surviving spouse or civil partner2 The fixed net sum3 Definition of personal chattels 4 Adoption and contingent interests5 Presumption of prior death6 Amendments of Inheritance (Provision for Family and Dependants) Act 19757 Date when representation is first taken out8 Power to apply income for maintenance9 Power of advancement10 Application of sections 8 and 911 Minor and consequential amendments12 Short title, commencement, application and extentSchedule 1 Determination of the fixed net sumSchedule 2 Amendments of Inheritance (Provision for Family andDependants) Act 1975 Schedule 3 Determination of date when representation is first taken outSchedule 4 Minor and consequential amendmentsELIZABETH IIc.

2 Inheritance and Trustees Powers Act 2014 (c. 16 ) (3) For subsection (1A) substitute (1A) The interest rate referred to in paragraph (B) of case (2) of the Table in subsection (1)(i) is the Bank of Englan d rate that had effect at the end of

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