# Finance Act 2003, Paragraph 8


The main subject-matter of a transaction is not a major interest for the purposes of this Schedule if it is a term of years absolute which has less than 21 years to run at the beginning of the day after the effective date of the transaction.

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Source: https://www.legislation.gov.uk/ukpga/2003/14/schedule/6ZA/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2003/schedule-6ZA/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.