[F1228MOther definitions for the purposes of s.228KU.K.
(1)This section applies for the purposes of section 228K.
(2)“Business of leasing plant or machinery”—
(a)has the same meaning as in [F2Chapter 3 of Part 9 of CTA 2010] (if the business is carried on otherwise than in partnership), or
(b)has the same meaning as in [F3Chapter 4 of that Part] (if the business is carried on in partnership).
(3)“Lease” includes—
(a)an underlease, sublease, tenancy or licence, and
(b)an agreement for any of those things.
(4)“Relevant plant or machinery”, in relation to a business of leasing plant or machinery, means plant or machinery on whose provision expenditure is incurred wholly or partly for the purposes of the business.]
Textual Amendments
F1Ss. 228K-228M and cross-heading inserted (with effect in accordance with s. 84(5)(6) of the amending Act) by Finance Act 2006 (c. 25), s. 84(3)
F2Words in s. 228M(2)(a) substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 346(a) (with Sch. 2)
F3Words in s. 228M(2)(b) substituted (1.4.2010) (with effect in accordance with s. 1184(1) of the amending Act) by Corporation Tax Act 2010 (c. 4), s. 1184(1), Sch. 1 para. 346(b) (with Sch. 2)