Changes over time for: Cross Heading: Bond-holder not to be treated as having an interest in the bond assets
Status:
Point in time view as at 01/04/2018.
Changes to legislation:
There are currently no known outstanding effects for the Land Transaction Tax and Anti-avoidance of Devolved Taxes (Wales) Act 2017, Cross Heading: Bond-holder not to be treated as having an interest in the bond assets.
Changes to Legislation
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Bond-holder not to be treated as having an interest in the bond assetsE+W
3E+WFor the purposes of this Act—
(a)the bond-holder under an alternative finance investment bond is not treated as having an interest in the bond assets;
(b)the bond-issuer under such a bond is not treated as a trustee of the bond assets.
Yn ôl i’r brig