Schedule 10 | Sale etc of lessor companies etc

Part 1Introduction

Contents of Schedule

(1)Repealed

Commencement

(2)Repealed

Part 2Leasing business carried on by a company alone

Income and matching expense in different accounting periods

(3)Repealed

Amount of income and expense

(4)Repealed

No carry back of the expense

(5)Repealed

Meaning of “business of leasing plant or machinery”

(6)Repealed

Provision for the purposes of condition A in paragraph 6

(7)Repealed

(7A)Repealed

Provision for the purposes of condition B in paragraph 6

(8)Repealed

Meaning of “associated company”

(9)Repealed

Meaning of “a qualifying change of ownership” in relation to a company

(10)Repealed

Qualifying 75% subsidiaries

(11)Repealed

Consortium relationships

(12)Repealed

No qualifying change of ownership in the case of certain intra-group reorganisations

(13)Repealed

No qualifying change of ownership where principal company's interest in consortium company unchanged

(13A)Repealed

Meaning of “company owned by a consortium” etc

(14)Repealed

Meaning of qualifying 75% or 90% subsidiary etc

(15)Repealed

The amount of the income: the basic amount

(16)Repealed

Meaning of “PM” in paragraph 16

(17)Repealed

(17A)Repealed

Meaning of “TWDV” in paragraph 16

(18)Repealed

Amount to be nil if basic amount negative

(19)Repealed

Adjustment to basic amount: qualifying 75% subsidiaries

(20)Repealed

Adjustment to the basic amount: consortium relationships

(21)Repealed

Migration

(22)Repealed

(23A)Repealed

Part 3Leasing business carried on by a company in partnership

Change in company's interest in business: income treated as received etc

(23)Repealed

Amount of income and expense

(24)Repealed

Meaning of “business of leasing plant or machinery”

(25)Repealed

Meaning of “associated company”

(26)Repealed

Meaning of “qualifying change” in company's interest in a business

(27)Repealed

Determining the percentage share in the profits or loss of business

(28)Repealed

The amount of the income: the basic amount

(29)Repealed

Amount to be nil if basic amount negative

(30)Repealed

Adjustment of basic amount

(31)Repealed

Amount of expense

(32)Repealed

Income and matching expense in different accounting periods

(33)Repealed

Amount of income and expense

(34)Repealed

No carry back of the expense

(35)Repealed

Amount of the income

(36)Repealed

Meaning of “profits” etc

(37)Repealed

Part 4Miscellaneous

Anti-avoidance

(38)Repealed

(38A)Repealed

(38B)Repealed

Relief for expense under paragraph 3 , 23(4A) or 33 otherwise giving rise to carried forward loss

(39)Repealed

Relationship of Schedule with section 228K of CAA 2001

(40)Repealed

Definitions for purposes of Schedule

(41)Repealed

Index of definitions

(42)Repealed

Consequential amendments

(43)Repealed