Related Commentary  Related HMRC Manuals

681DC(1)  Condition B is that the person making the payment–

(a)obtains a capital sum in respect of the lessee's interest in the lease, and

(b)is within the charge to income tax.

681DC(2)  Condition C is that an associate of the person making the payment–

(a)obtains a capital sum by way of consideration in respect of the lessee's interest in the lease, and

(b)is within the charge to income tax.

681DC(3)  Condition D is that–

(a)the lessor's interest in the lease, or any other interest in the asset, belongs to an associate of the person making the payment,

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