286 Provisions supplementary to sections 284 and 285
Income Tax (Trading and Other Income) Act 2005 (2005 c 5) | Legislation

286  Provisions supplementary to sections 284 and 285

(1)     This section operates for the purposes of sections 284 (sales with right to reconveyance) and 285 (sale and leaseback transactions).

(2)     Subsection (3) explains how to determine for the purposes of section 284 the price at which an estate or interest is to be reconveyed when—

(a)     the date on which the estate or interest would fall

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