121 Meaning of “short-term leasing”
Capital Allowances Act 2001 (2001 c 2) | Legislation

Qualifying purposes

121  Meaning of “short-term leasing”

(1)     Leasing of plant or machinery is short-term leasing if—

(a)     the number of consecutive days for which it is leased to the same person will normally be less than 30, and

(b)     the total number of days for which it is leased to that person

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