A disposition is not a transfer of value if it is made by one party to a marriage or civil partnership in favour of either:

(1)the other party; or

(2)a child of either party;

and is for the maintenance, education or training of the child for a period ending not later than the year in which:

(a)the child attains the age of 18; or

(b)if later, ceases to undergo full-time education or training (IHTA 1984, s. 11(1)).

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