SCHEDULE 11RELIEF FOR ALTERNATIVE FINANCE INVESTMENT BONDS
PART 3CONDITIONS FOR OPERATION OF RELIEFS ETC.
Condition 7
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Condition 7 is that—
a
before the end of the period of 30 days beginning with the date on which the interest in the land ceases to be held as a bond asset, the interest is transferred by B to A (““the second transaction””), and
b
the second transaction is given effect not more than 10 years (or such other period as may be prescribed) after the first transaction.