Where either the transferor and transferee in the relevant transaction are connected persons, so that CAA 2001, s. 214 applies (for which see ¶1130-350) or the relevant transaction involves a sale and lease-back, such that CAA 2001, s. 216 applies (for which see ¶1130-400ff.), the transferee’s (lessor’s) allowances are restricted in two ways.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.