70 Plant or machinery provided by lessee
Capital Allowances Act 2001 (2001 c 2) | Legislation

Plant or machinery provided by lessee

70  Plant or machinery provided by lessee

(1)     This section applies if—

(a)     under the terms of a lease, a lessee is required to provide plant or machinery,

(b)     the lessee incurs capital expenditure on the provision of that plant or machinery for the purposes of a qualifying activity which the lessee carries on,

(c)     the plant or machinery is not so installed or otherwise fixed in or to a building or any other description of land as to become,

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