This section has no associated Explanatory Notes
8SCondition A is that one person (P) and another (Q) enter into arrangements under which—
(a)P transfers to Q a qualifying interest in land (“the first transaction”), and
(b)P and Q agree that when the interest ceases to be held by Q as mentioned in paragraph 9(b), Q will transfer the interest to P.
Commencement Information
I1 Sch. 8 para. 8 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2