Sch 8 para 273
For section 809AZE (transfers of income streams: exception for transfer by way of security) substitute— Exception: transfer by way of security (809AZE) (1) This Chapter does not apply if— (a) the consideration for the transfer is the advance under a type 1 finance arrangement, and (b) the transferor is, or is a member of a partnership which is, the borrower in relation to the arrangement. (2) This Chapter does not apply if— (a) the consideration for the transfer is the advance under a type 2 finance arrangement or a type 3 finance arrangement, and (b) the transferor is a member of the partnership which receives that advance under the arrangement. (3) In this section— “ type 1 finance arrangement ” has the meaning given for the purposes of Chapter 5B by section 809BZA, “ type 2 finance arrangement ” has the meaning given for the purposes of Chapter 5B by section 809BZF, and “ type 3 finance arrangement ” has the meaning given for the purposes of Chapter 5B by section 809BZJ.