No versions valid at: 06/04/2006
Point in time view as at 06/04/2006. This version of this cross heading contains provisions that are not valid for this point in time.
There are currently no known outstanding effects for the Finance Act 2006, Paragraph 25.
Yn ddilys o 19/07/2006
25(1)For purposes of this Part of this Schedule whether, on any day (“the relevant day”), a company (“the partner company”) carries on a business of leasing plant or machinery in partnership with other persons is determined in accordance with paragraphs 6 to 8 (but modified as follows).U.K.
(2)Any reference in those paragraphs to the relevant company is to be read as a reference to the partnership.
(3)Any reference in those paragraphs to an associated company of the relevant company on the relevant day is to be read as a reference to each of the following—
(a)the partner company,
(b)any company which is an associated company (see paragraph 26) of the partner company on the relevant day,
(c)any other partner company in relation to whose interest in the business there is a qualifying change on the relevant day,
(d)any other partner company in relation to which there is a qualifying change of ownership on the relevant day, and
(e)any company which is an associated company of any other partner company mentioned in paragraph (c) or (d) on the relevant day.
(4)For this purpose “any other partner company” means a company—
(a)which carries on the business at the start of the relevant day, and
(b)which is within the charge to corporation tax in respect of the business.
Mae’r holl gynnwys ar gael dan Drwydded Llywodraeth Agored v3.0 ac eithrio ble nodir yn wahanol. Yn ychwanegol mae’r safle hwn â chynnwys sy’n deillio o EUR-Lex, a ailddefnyddiwyd dan delerau Penderfyniad y Comisiwn 2011/833/EU ar ailddefnyddio dogfennau o sefydliadau’r UE. Am ragor o wybodaeth gweler ddatganiad cyhoeddus Swyddfa Gyhoeddiadau’r UE ar ailddefnyddio.
