[F170YJPower to vary the meaning of certain expressionsU.K.
This section has no associated Explanatory Notes
(1)The Treasury may by regulations make provision amending this Chapter so as to vary—
(a)the meaning of “plant or machinery lease”, or
(b)the finance lease test.
(2)A statutory instrument containing regulations under this section is not to be made unless a draft of the instrument has been laid before, and approved by a resolution of, the House of Commons.]
Textual Amendments
F1Pt. 2 Ch. 6A inserted (with effect in accordance with Sch. 8 para. 15 of the amending Act) by Finance Act 2006 (c. 25), Sch. 8 para. 7