Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 21: Leasing arrangements: finance leases and loans

Chapter 4: Supplementary provisions

Section 930: Pre-26 November 1996 schemes and post-25 November 1996 schemes

2757. This section defines a “pre–26 November 1996 scheme” and a “post–25 November 1996 scheme”. It is based on paragraph 27 of Schedule 12 to FA 1997.

2758. For the significance of these terms see the commentary on sections 923 and 927.