Maintenance funds for heritage assets
Direction by HMRC
Conditions to be fulfilled
Control over
Exceptions to exemption
Property comprised in the fund itself
Property maintained by fund
Trustees, requirements as to
Trusts of the fund
Generally
Government policy
Holdover relief for gifts
Income tax treatment
Interest in possession
Property leaving the fund
Amount taxable
Application of funds permitted
Charity or exempt body, transfer to
Generally
Occasions of charge
Payments to settlor or spouse/civil partner
Rates of tax
Tax chargeable
Tax not chargeable
Transfer to another fund
Trustees