In this Schedule—

• “alternative finance investment bond” means arrangements F1to which section 564G of ITA 2007 or section 151N of TCGA 1992 (investment bond arrangements) applies ;

• “bond assets”, “bond-holder”, “bond-issuer” and “capital” have the meaning given by that section;

• “HMRC” means Her Majesty's Revenue and Customs;

• “prescribed” means prescribed in regulations made by HMRC;

• “qualifying interest” means a major interest in land (within the meaning given by section 117 of FA 2003) except that it does not include a lease if the lease is for—

  1. a

     a term of years of 21 years or less, or

  2. b

     in Scotland, a period of 21 years or less.

Section 564S of ITA 2007 (treatment of bond-holder and bond-issuer) applies for the purposes of any enactment about stamp duty land tax as it applies for the purposes of the Income Tax Acts.