Section 382 | Introduction to Chapter

(1)This Chapter applies if there is a relevant change in the relationship between a company carrying on a business of leasing plant or machinery otherwise than in partnership with other persons and a principal company of the company..

(2)For the meaning of “business of leasing plant or machinery”, see sections 387 to 391.

(3)For the meaning of “relevant change in the relationship between a company and a principal company of the company”, see sections 392 to 394.

(4)As to cases where there is a qualifying change of ownership in relation to a company carrying on a business of leasing plant or machinery in partnership with other persons, see Chapter 4.