A purchaser of an interest in relevant land is in certain circumstances treated as the owner of fixtures on that land. The basic conditions are that:

plant or machinery has become a fixture;

a person acquires an interest in the relevant land; and

that interest in the land was in existence before the purchaser acquired it.

These rules may apply:

where the purchaser of the land pays consideration for the interest in the land that is to be treated as whole or in part as expenditure on a fixture (CAA 2001, s. 181);

where the purchaser of the land discharges certain obligations of the equipment lessee (CAA 2001, s. 182); or

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