Related Commentary  

409(1)  This Chapter applies if, in the case of a company carrying on a business of leasing plant or machinery in partnership with other persons–

(a)there is a qualifying change in the company's interest in the business, (see sections 415 and 416), or

(b)there is a qualifying change of ownership in relation to the company (see sections 392 to 398).

409(2)  Sections 417 to 424 apply in the case mentioned in subsection (1)(a).

409(3)  Sections 425 to 429 apply in the case mentioned in subsection (1)(b).

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