# Finance Act 2004, Paragraph 17


Where a person (“A”) acts as guarantor in respect of a loan made to another person (“B”) by a third party in connection with B’s acquisition of any property, the mere giving of the guarantee is not to be regarded as the provision by A of consideration for B’s acquisition of the property.

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Source: https://www.legislation.gov.uk/ukpga/2004/12/schedule/15/paragraph/17 (the official version)
Page: https://openlegislation.uk/finance-act-2004/schedule-15/paragraph-17
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.