Finance Act 2006 (c. 25)

SCHEDULES

Valid from 19/07/2006

SCHEDULE 8 U.K. Long funding leases of plant or machinery

Part 3 U.K. Income tax

Application of Chapter 10A for calculating the profits of a property business U.K.

14 (1) Section 272 is amended as follows. U.K.

(2) In the Table in subsection (2), insert at the appropriate place—

“In Chapter 10A (long funding leases)— Sections 148A to 148J Leases of plant or machinery: special rules for long funding leases”