Modifications etc. (not altering text)
C1 S. 45H(2) modified (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14) , Sch. 30 para. 7
Modifications etc. (not altering text)
C2Pt. 4 restricted (19.7.2007) by Finance Act 2007 (c. 11), s. 36(4)-(7)
If an interest in land is—
(a)conveyed or assigned by way of security, and
(b)subject to a right of redemption,
the person with the right of redemption is treated for the purposes of this Part as having that interest, and not the creditor.