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); ”.