This section has no associated Explanatory Notes
8SRelief under this schedule is not available if the transaction—
(a)is not effected for bona fide commercial reasons, or
(b)forms part of arrangements the main purpose, or one of the main purposes, of which is the avoidance of liability to the tax.
Commencement Information
I1 Sch. 10 para. 8 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2