[614D Pre-26 November 1996 schemes and post-25 November 1996 schemes]
Income Tax Act 2007 (2007 c 3) | Legislation

[Chapter 4
Supplementary Provisions]

[614D  Pre-26 November 1996 schemes and post-25 November 1996 schemes]

[(1)     For the purposes of this Part, a lease of an asset—

(a)     forms part of a pre-26 November 1996 scheme if (and only if) the conditions in subsection (2) or (3) are met, and

(b)     in any other case, forms part of a post-25 November 1996 scheme.

(2)     The conditions in this subsection are

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