SCHEDULES
SCHEDULE 8Minor and consequential amendments
Part 7Alternative finance arrangements
Finance Act 2009 (c. 10)
229
1
Amend Schedule 61 (alternative finance investment bonds) as follows.
2
In paragraph 1(1)
(interpretation) in the definition of “alternative finance investment bond” for “within section 48A of FA 2005 (alternative finance investment bond: introduction)” substitute “
to which section 564G of ITA 2007 or section 151N of TCGA 1992 (investment bond arrangements) applies
”
.
3
For paragraph 2 (issue, transfer and redemption of rights under bond not to be treated as chargeable transaction) substitute—
2
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.
4
In paragraph 4(1) for “section 48B(2) of FA 2005” substitute “
section 564S of ITA 2007
”
.