PART XII SPECIAL CLASSES OF COMPANIES AND BUSINESSES
Chapter 5ASpecial rules for long funding leases of plant or machinery: corporation tax
F1Lessors under long funding finance or operating leases: avoidance etc
F2502GDCases 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).