SDLTM34020 - Type A/Type B - Para 14(3A-3C)

A transfer of an interest in a property investment partnership is a Type A transfer if it takes the form of arrangements entered into under which바카라 사이트”

  1. the whole or part of a partner바카라 사이트™s interest as partner is acquired by another person (who may be an existing partner), and
  2. consideration in money or money바카라 사이트™s worth is given by or on behalf of the person acquiring the interest.

A transfer of an interest in aproperty investment partnership is also a Type A transfer if it takes the form of arrangements entered into under which바카라 사이트”

  1. a person becomes a partner,
  2. the interest of an existing partner in the partnership is reduced or an existing partner ceases to be a partner, and
  3. there is a withdrawal of money or money바카라 사이트™s worth from the partnership by the existing partner mentioned in paragraph (b) (other than money or money바카라 사이트™s worth paid from the resources available to the partnership prior to the transfer).

Any other transfer to which Para14 applies is a Type B transfer. In other words, any transfer of an interest in a property investment partnership that is not a Type A transfer, is a Type B.

As noted elsewhere, whether the transfer is categorised as a Type A or a Type B affects what chargeable interests are taken into account as relevant partnership property - see SDLTM34030.