Explanatory Notes

Capital Allowances Act 2001

2001 CHAPTER 2

22nd March 2001

Commentary on Sections

Glossary

Part 4: Agricultural buildings allowances

Chapter 2: The relevant interest

Section 365: Effect of creation of subordinate lease

1258. This section is based on part of section 125(4) of CAA 1990. It provides that the creation of a subordinate lease has no effect on the relevant interest.