Schedules
Schedule 3 Transitionals and savings
Part 4 Plant and machinery allowances
Fixtures
36 Incoming lessee where lessor entitled to allowances
Section 183 applies with the insertion after subsection (2) of—
3
No election may be made under this section if it appears that the sole or main benefit that may be expected to accrue to the lessor from the grant of the lease and the making of an election is the obtaining of an allowance or deduction or a greater allowance or deduction or the avoidance or reduction of a charge under this Part.
if the person who had the interest in the relevant land granted the lease before 24th July 1996.