Part 21Leasing arrangements: finance leases and loans
Chapter 2Finance leases with return in capital form
Capital allowances: clawback of major lump sum
917Effect of capital allowances: introduction
(1)
This section and sections 918 to 922 apply if an occasion occurs on which a major lump sum falls to be paid in relation to the lease of the asset.
(2)
In those sections the occasion is called “the relevant occasion”.