This section has no associated Explanatory Notes
19SAn “appropriate proportion” means an appropriate proportion having regard to—
(a)the subject-matter of the relevant transaction, and
(b)what is held at the relevant time by the buyer or, as the case may be, by the buyer and its relevant associated companies.
Commencement Information
I1 Sch. 10 para. 19 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2