This section has no associated Explanatory Notes
2SA sale and leaseback arrangement is an arrangement under which—
(a)a person (A) transfers or grants to another person (B) a major interest in land (the “sale”), and
(b)out of that interest B grants a lease to A (the “leaseback”).
Commencement Information
I1 Sch. 3 para. 2 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2