Part 4Property income
C1Chapter 4Profits of property businesses: lease premiums etc
Annotations:
Modifications etc. (not altering text)
Amounts treated as receipts: leases
221AF1Sums to which sections 217 to 221 do not apply
1
This section applies if a grant of a lease constitutes a disposal of an asset for the purposes of section 758(2)(b) or 763(2)(a) of CTA 2010 (disposals under finance arrangements).
2
Sections 217 to 221 do not apply in relation to a premium paid in respect of the grant.
Pt. 4 Ch. 4 applied by 2010 c. 8, s. 436(8) (as inserted (with effect in accordance with Sch. 5 para. 25(1)-(3) of the amending Act) by Finance (No. 2) Act 2017 (c. 32), Sch. 5 para. 1 (with Sch. 5 paras. 27, 32-34))