Part 2

Plant and machinery allowances
Chapter 14

Fixtures

Cessation of ownership of fixtures

Cessation of ownership on severance of fixture
191
If—
a
a person is treated as the owner of the fixture as a result of any provision of this Chapter,
b
the fixture is permanently severed from the relevant land (so that it ceases to be a fixture), and
c
once it is severed, it is not in fact owned by that person,
that person is to be treated as ceasing to be the owner of the fixture when it is severed.