
1 
This Order may be cited as the Inheritance Tax and Capital Transfer Tax (Interest on Unpaid Tax) Order 1988 and shall come into force on 6th August 1988.
2 
The rate prescribed for the purposes of section 233 of the Inheritance Tax Act 1984 (interest on unpaid tax) shall be 8 per cent. per annum and shall apply in each of the cases referred to in paragraphs (a) and (b) of section 233(2).
Mark Lennox-Boyd 
David Lightbown
Two of the Lords Commissioners of Her Majesty’s Treasury
25th July 1988