284 Sales with right to reconveyance
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

Other amounts treated as receipts

284  Sales with right to reconveyance

(1)     This section applies if—

(a)     an estate or interest in land is sold subject to terms which provide that it is to be, or may be required to be, reconveyed on a future date to the seller or a person connected with the seller,

(b)     the period beginning with the sale and ending with the earliest date on which

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