SCHEDULES

SCHEDULE 10 U.K.Sale etc of lessor companies etc

Part 3 U.K.Leasing business carried on by a company in partnership

Adjustment of basic amount U.K.

31 (1) The amount of the company's income under paragraph 23 is limited to the appropriate percentage of the basic amount. U.K.

(2) The appropriate percentage is found by subtracting the company's relevant percentage share at the end of the day from its relevant percentage share at the start of the day.

(3) In this paragraph “relevant percentage share” has the same meaning as it has for the purposes of paragraph 27.