Paragraph 9 I1
Condition B is that—
(a)
Q, as bond-issuer, enters into an alternative finance investment bond (whether before or after entering into the arrangements mentioned in paragraph 8), and
(b)
the interest in land to which those arrangements relate is held by Q as a bond asset.
Annotations
Commencement
- I1
Sch. 8 para. 9 in force at 1.4.2015 by S.S.I. 2015/108 , art. 2