SCHEDULES
SCHEDULE 10Sale etc of lessor companies etc
Part 1Introduction
Contents of Schedule
1
1
This Schedule makes provision for corporation tax purposes in relation to any company which is within the charge to corporation tax in respect of a business of leasing plant or machinery (within the meaning of Part 2 or 3).
2
Part 2 deals with the case of a qualifying change of ownership in relation to the company where it carries on the business otherwise than in partnership.
3
Part 3 deals with—
a
the case of a qualifying change in the company's interest in the business where it carries on the business in partnership with other persons, and
b
the case of a qualifying change of ownership in relation to any such company.
4
Part 4 contains an anti-avoidance provision and other supplementary provisions.