ADVOKS GLOBAL · KENYA
Estate Duty Act
22. Relief for marginal estates
Edition: 1991-12-27 · In force
22. Relief for marginal estates
(1)The amount of estate duty payable shall, where practicable, be reduced so as not to exceed the highest amount of duty which would be payable at the rate of duty next lower than that applicable, with the addition of the amount by which the value of the estate exceeds the value on which the highest amount of duty is payable at the lower rate:Provided that, where the rate of duty applicable is the lowest rate of duty, the amount of estate duty payable shall, where practicable, be reduced to the amount by which the value of the estate exceeds the minimum value below which an estate is not liable to duty.(2)The benefit of the relief afforded by this section shall be apportioned between the properties liable for the duty.