(1) This section applies where -

(a) a determination is made under section 14C(2)(a) in respect of a person (in this section referred to as the 'relevant person') in relation to a particular family asset,

(b) the relevant person dies,

(c) the relevant person has or, in the case of a transferred asset, had an interest in the particular family asset, and

(d) immediately before the death -

(i) the period to which the undertaking given by the family successor in relation to the particular family asset (in this section referred to as the 'current family successor') under section 14A(3)(d), 14G(4)(b) or 14H(5)(b) relates has not expired, and

(ii) the determination under section 14C(2)(a) has not been revoked in respect of the relevant person so far as relating to the particular family asset.