5(1)This paragraph applies in the case of the death of a person who would otherwise have been liable to tax under this Part of this Schedule on adjustment income.U.K.
(2)The tax under this Part of this Schedule for which the person would otherwise have been liable—
(a)shall be assessed and charged on the personal representatives, and
(b)is a debt due from and payable out of the deceased's estate.
(3)The personal representatives may make any election under this Part of this Schedule that the deceased might have made.