SCHEDULES

SCHEDULE 8Long funding leases of plant or machinery

Part 1Capital allowances

General exclusions applying to certain sections

4

1

Section 46 is amended as follows.

2

In subsection (2) (the general exclusions) in general exclusion 8—

a

for “Either” substitute

Any

, and

b

after the entry relating to section 13 insert— “ section 13A (use for other purposes of plant or machinery provided for long funding leasing); ”.