[57A Sale and leaseback arrangements]
Finance Act 2003 (2003 c 14) | Legislation

[57A  Sale and leaseback arrangements]

[(1)     The leaseback element of a sale and leaseback arrangement is exempt from charge if the qualifying conditions specified below are met.

(2)     A “sale and leaseback” arrangement means an arrangement under which—

(a)     A transfers or grants to B a major interest in land (the “sale”), and

(b)     out of that

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