Statutory Instruments
2020 No. 33
Family Provision, England And Wales
Intestacy
The Administration of Estates Act 1925 (Fixed Net Sum) Order 2020
Made
14th January 2020
Laid before Parliament
15th January 2020
Coming into force
6th February 2020
The Lord Chancellor, in exercise of the powers conferred by paragraphs 3(1), 6(1) and 7(2) of Schedule 1A to the Administration of Estates Act 1925( 1 ), makes the following Order:
Citation and commencement
1. This Order may be cited as the Administration of Estates Act 1925 (Fixed Net Sum) Order 2020 and comes into force on 6th February 2020.
Fixed Net Sum
2. The fixed net sum referred to in paragraph (B) of case (2) of the Table in section 46(1)(i) of the Administration of Estates Act 1925( 2 ) is to be £270,000.
Robert Buckland
Lord Chancellor
Ministry of Justice
14th January 2020
1925 c. 23 (Regnal 15 and 16 Geo 5). Schedule 1A was inserted by the Inheritance and Trustees’ Powers Act 2014 (c. 16) , section 2(1) and Schedule 1.
Section 46(1) was amended by the Intestates’ Estates Act 2014 (c. 64) , section 1, the Civil Partnership Act 2004 (c. 33) , section 71 and, Schedule 4, Part 2, paragraph 7 and the Inheritance and Trustees’ Powers Act 2014 (c. 16) , section 1.