Alternative finance investment bonds
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2.—(1) Paragraph 11, Schedule 17A to the Finance Act 2003(1) (cases where assignment of lease treated as grant of lease) must be treated as if including the following provisions—
(2) After paragraph 11(2)—
“(2A) Sub-paragraph (2) shall not apply where an assignment of a lease, but for the application of that sub-paragraph, would be exempt by virtue of Schedule 61 to the Finance Act 2009”(2).
(3) In paragraph 11(3) after paragraph (e)—
“(f)Paragraphs 6 and 8 of Part 3 of Schedule 61 to the Finance Act 2009 (alternative finance investment bond relief)”.
(1)
Schedule 17A was inserted by paragraph 22(2) of Schedule 39 to the Finance Act 2004.
(2)