[70YG “Termination amount”]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[70YG  “Termination amount”]

[(1)     This section applies where plant or machinery is or has been, or is to be, leased under a long funding lease.

(2)     Construe “termination amount”, in the case of a long funding lease, in accordance with the following provisions of this section.

(3)     If—

(a)     the lease terminates as a result of a plant or machinery disposal event, or

(b)     a plant or machinery disposal

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