Sch 2 para 23A
(1) Rights under any arrangement for the provision of finance under which the person providing the finance either— (a) acquires a major interest in land from the person to whom the finance is provided, or (b) disposes of a major interest in land to that person, as part of the arrangement. (2) References in sub-paragraph (1) to a “major interest” in land are to— (a) in relation to land in England or Wales— (i) an estate in fee simple absolute, or (ii) a term of years absolute, whether subsisting at law or in equity; (b) in relation to land in Scotland— (i) the interest of an owner of land, or (ii) the tenant's right over or interest in a property subject to a lease; (c) in relation to land in Northern Ireland— (i) any freehold estate, or (ii) any leasehold estate, whether subsisting at law or in equity. (3) It is immaterial for the purposes of sub-paragraph (1) whether either party acquires or (as the case may be) disposes of the interest in land— (a) directly, or (b) indirectly.