Related Commentary  Related HMRC Manuals

162B(1)  Subsection (2) applies if–

(a)the whole or part of any value transferred by a transfer of value is to be treated as reduced, under section 104, by virtue of it being attributable to the value of relevant business property, and

(b)the transferor has a liability which is attributable, in whole or in part, to financing (directly or indirectly)–

(i)the acquisition of that property, or

(ii)the maintenance, or an enhancement, of its value.

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