F1Part 11ALeasing arrangements: finance leases and loans

Annotations:
Amendments (Textual)
F1

Pt. 11A inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 3 para. 2 (with Sch. 9 paras. 1-9, 22)

F2Chapter 4Supplementary provisions

Annotations:
Amendments (Textual)
F2

Pt. 11A Ch. 4 inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 3 para. 5 (with Sch. 9 paras. 1-9, 22)

614DDAssets which represent the leased asset

1

For the purposes of this Part, the assets described in subsection (2) are treated as representing the leased asset.

2

Those assets are—

a

any asset derived from the leased asset or created out of it,

b

any asset from which the leased asset was derived or out of which the leased asset was created,

c

any asset derived from or created out of an asset within paragraph (b), and

d

any asset that derives the whole or a substantial part of its value from the leased asset or an asset that itself represents the leased asset.