PART 1SIntroductory
OverviewS
1(1)This schedule makes provision for relief in the case of certain land transactions connected to alternative property finance arrangements.S
(2)It is arranged as follows—
Part 2 identifies the alternative property finance arrangements that are relieved,
Part 3 makes provision limiting the arrangements that can be relieved,
Part 4 provides for the circumstances in which the chargeable interest acquired by a financial institution under the arrangements is an exempt interest, and
Part 5 defines expressions used in this schedule.
Commencement Information
I1 Sch. 7 para. 1 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2