Commentary on Sections Schedule 15 - Treatment of certain transactions relating to social housing Shared ownership trust: declaration not linked with staircasing etc.
360.Paragraph 16 provides that where a declaration of trust giving the buyer a beneficial share in the property is made, the declaration is not to be treated as if it were linked to either:
	an equity-acquisition payment under the trust or any corresponding increase in the buyer’s beneficial interest in the trust property; or
	a transfer to the buyer of an interest in the trust property on the termination of the trust.