[614CB Leases to which this Chapter applies]
Income Tax Act 2007 (2007 c 3) | Legislation

[Leases to which this Chapter applies]

[614CB  Leases to which this Chapter applies]

[(1)     This Chapter applies if—

(a)     a lease of an asset is or has been granted on or after 26 November 1996,

(b)     the lease forms part of a post-25 November 1996 scheme,

(c)     condition A in section 614BC is or has been met at some time on or after 26 November 1996 in relation to the lease in a period of account of the current lessor (“L”), and

(d)     Chapter 2 does not apply in relation to the lease because of the other conditions in that section not all being, or having been, met as mentioned in section

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