xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
3E+WCondition B is that at the relevant time the transferor—
(a)is a partner in a partnership comprised of all the persons who are, or are to be, members of the limited liability partnership (and no-one else), or
(b)holds the chargeable interest as nominee or bare trustee for one or more of the partners in such a partnership.
Commencement Information
I1Sch. 12 para. 3 in force at 1.4.2018 by S.I. 2018/34, art. 3