Section 21. Foreign property

PART III.—EXCEPTIONS FROM THE CHARGE OF DUTY 21. Foreign property.—(1) There shall not be included in the property passing on the death of the deceased— (a) immovable property situated outside the territories to which this Act extends; (b) movable property situated outside the territories to which this Act extends at the time of the death unless— (i) in the case of any property, whether settled or not, the deceased was domiciled in the said territories at the time of his death; or (ii) in the case of settled property of which the deceased was a life tenant, the settlor was domiciled in the said territories at the date the settlement took effect. OF 1958] Estate Duty 267 (2) The Board may make rules regulating the manner in which the nature and locality of different classes of assets shall be determined for the purposes of this section.