[25A Long funding leases of plant or machinery: deemed disposals]
Taxation of Chargeable Gains Act 1992 (1992 c 12) | Legislation

[25A  Long funding leases of plant or machinery: deemed disposals]

[(1)     This section applies where plant or machinery is used for the purpose of leasing under a long funding lease.

(2)     The lessor shall be deemed for all purposes of this Act—

(a)     to have disposed of the plant or machinery at the commencement of the term

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