This part of GOV.UK is being rebuilt – find out what beta means

HMRC internal manual

Inheritance Tax Manual

Foreign Property in a trust: FOTRA securities

If the trust property includes government securities which qualify as FOTRA securities (IHTM04306) they are exempt from IHT if the life tenant is not (or all of the objects of a discretionary settlement are not) ordinarily resident in the UK. - IHTA84/S48 (4).