
1 
This Order may be cited as the Inheritance Tax and Capital Transfer Tax (Interest on Unpaid Tax) (No. 2) Order 1988 and shall come into force on 6th October 1988.
2 
The rate prescribed for the purposes of section 233 of the Inheritance Tax Act 1984 (interest on unpaid tax) shall be 9 per cent per annum and shall apply in each of the cases referred to in paragraphs (a) and (b) of section 233(2).
Alan Howarth
Nigel Lawson
Two of the Lords Commissioners of Her Majesty’s Treasury
20th September 1988