[F14(1)For the purposes of paragraphs 2 and 3—E+W
(a)references to a disposal in respect of an interest are to a disposal of the whole interest or of a lesser interest;
(b)references to an acquisition in respect of an interest are to an acquisition of the whole interest or of a lesser interest.
(2)If the disposal referred to in paragraph 3(3) or (5) is a disposal of a lesser interest, the reference there to the interest concerned is to the lesser interest.]
Textual Amendments
F1Sch. 35A inserted (26.7.2002) by Education Act 2002 (c. 32), ss. 65(3), 216(2), Sch. 7 para. 1 (with ss. 210(8), 214(4)); S.I. 2002/2002, art. 2