(1) Where a liable person in relation to a relevant residential property, being the sole liable person in relation thereto, dies, the personal representative of that liable person may, on making a valid claim on that behalf to the Revenue Commissioners qualify for deferral of any local property tax that, subject to subsection (2) -

(a) is due and unpaid at the date of death of that liable person,

(b) in respect of which, that liable person had claimed a deferral, or

(c) falls due in the period of 3 years immediately following the date of death.

(2) Notwithstanding subsection (1) and subject to section 139(4), no further deferral shall be allowed -

(a) after the time at which a personal representative, in respect of a relevant residential property, is in a position to -

(i) transfer the property to a beneficiary, or

(ii) distribute the proceeds from the sale of the property where it is sold,

or