Part 6Relationships treated as loan relationships etc
Chapter 6Alternative finance arrangements
Meaning of “alternative finance return”
512Diminishing shared ownership arrangements
1
In the case of diminishing shared ownership arrangements, payments by the eventual owner under the arrangements are alternative finance return for the purposes of this Part, except so far as subsection (2) or (3) applies to them.
2
3
This subsection applies to the payments so far as they amount to payments in respect of any arrangement fee or legal or other expenses which the eventual owner is required under the arrangements to pay.
4
In this section “the eventual owner” has the same meaning as in section 504.