Paragraph 17 F1

there is a transfer, or the grant or assignment of a lease, of land by a qualifying body (“A”) to a non-qualifying body (“B”) (“the main transfer”),

in consideration (whether in whole or in part) of the main transfer there is a grant by B to A of a lease or under-lease of the whole, or substantially the whole, of that land (“the leaseback”),

B undertakes to carry out works or provide services to A, and

some or all of the consideration given by A to B for the carrying out of those works or the provision of those services is consideration in money,

public bodies within section 66,

institutions within the further education sector or the higher education sector within the meaning of 91 of the Further and Higher Education Act 1992,

further education corporations within the meaning of section 17 of that Act,

sixth form college corporations within the meaning of section 90 of that Act,

higher education corporations within the meaning section 90 of that Act,

persons who undertake to establish and maintain, and carry on, or provide for the carrying on, of an Academy within the meaning of F6section 1 of the Academies Act 2010 , and

in Scotland, institutions funded by the Scottish Further Education Funding Council or the Scottish Higher Education Funding Council.

the lease-back;

the carrying out of building works by B for A; or

the provision of services by B to A.

the main transfer;

any transfer of surplus land; or

the consideration in money paid by A to B for the building works or other services referred to in sub-paragraph (3).