1(1)This Schedule makes provision for relief in the case of certain land transactions connected to alternative property finance arrangements.
(2)The Schedule is arranged as follows—
(a)Part 2 sets out the circumstances in which certain transactions are relieved from tax;
(b)Part 3 sets out the circumstances where relief is not available;
(c)Part 4 makes provision for an interest held by a financial institution in certain circumstances to be treated as an exempt interest;
(d)Part 5 defines certain terms for the purposes of this Schedule.