Part 21

Leasing arrangements: finance leases and loans
Chapter 3

Other finance leases

Introduction

Introduction to Chapter
925
1
This Chapter applies to arrangements involving the lease of an asset that—
a
fall to be treated, in accordance with generally accepted accounting practice, as a finance lease or loan, but
b
are not arrangements to which Chapter 2 applies.
2
It does not matter whether the arrangements are or have been entered into by companies or other persons.