Overview
This
adran has no associated
Nodiadau Esboniadol
1(1)This schedule makes provision for relief in the case of certain land transactions connected to alternative property finance arrangements.
(2)It is arranged as follows—
Part 2 identifies the alternative property finance arrangements that are relieved,
Part 3 makes provision limiting the arrangements that can be relieved,
Part 4 provides for the circumstances in which the chargeable interest acquired by a financial institution under the arrangements is an exempt interest, and
Part 5 defines expressions used in this schedule.