Related Commentary  Related HMRC Manuals

228M(1)  This section applies for the purposes of section 228K.

228M(2)  “Business of leasing plant or machinery” –

(a)has the same meaning as in Chapter 3 of Part 9 of CTA 2010 (if the business is carried on otherwise than in partnership), or

(b)has the same meaning as in Chapter 4 of that Part (if the business is carried on in partnership).

228M(3)  “Lease”  includes–

(a)an underlease, sublease, tenancy or licence, and

(b)an agreement for any of those things.

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