PART XII SPECIAL CLASSES OF COMPANIES AND BUSINESSES

Chapter 5ASpecial rules for long funding leases of plant or machinery: corporation tax

F3Lessors under long funding finance or operating leases: avoidance etc

Annotations:
Amendments (Textual)
F3

Pt. 12 Ch. 5A (ss. 502A-502L) inserted (with effect in accordance with Sch. 8 para. 15 of the amending Act) by Finance Act 2006 (c. 25), Sch. 8 para. 11

F1502GDF2Cases where ss 502B to 502G do not apply: films

1

If a company is or has been a lessor under a long funding lease of a film, sections 502B to 502G do not apply in respect of the lease.

2

“Film” has the same meaning as in Part 15 of CTA 2009 (see section 1181 of that Act).