[228H Sections 228A to 228G: supplementary]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[228H  Sections 228A to 228G: supplementary]

[(1)     In sections 228A to 228G—

[“consideration” does not include rentals;]

...

the “net book value” of leased plant or machinery means the book value of the plant or machinery having regard to any relevant entry in [S's] accounts, but—

(a)     also having regard to depreciation up to the time in question, and

(b)     disregarding any revaluation gains or losses and any impairments;

...

[“S” does not include an assignee of S;]

“termination” in relation to a leaseback includes ...—

(a)     the

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