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SCHEDULES

SCHEDULE 8U.K.Long funding leases of plant or machinery

Part 4U.K.Commencement and transitional provisions

Extended time limit: the additional conditionsU.K.

18(1)The additional conditions mentioned in paragraph 17(8) are as follows.U.K.

(2)Condition A is that the commencement of the term of the lease is before 1st April 2009.

(3)Condition B is that, at the latest, the commencement of the term of the lease is as soon as is reasonably practicable after construction of the asset is substantially complete.

(4)Condition C is that construction of the asset proceeded continuously on and after 1st April 2006.

(5)Condition D is that construction of the asset proceeded at the normal pace for an asset of its type.

For this purpose, “normal pace” is the pace required to construct the asset in a reasonable time without delays or interruptions and consistent with normal business practice.

(6)This paragraph is supplemented by paragraph 19.