Business Leasing Manual

BLM80115 - Sale of lessor companies and similar arrangements: business of leasing plant or machinery: Condition A - the plant or machinery test

Sections 388 to 390 CTA2010

To carry out this test:

First: find the accounting value of all the plant or machinery owned by the company on the relevant day - the day on which the company changes hands. See BLM80120.

Second: where the relevant day is before 23 March 2011 work out what proportion of the plant or machinery is 바카라 사이트˜qualifying plant or machinery바카라 사이트™. See BLM80153.

Where the relevant day is on or after 23 March 2011 work out what proportion of the plant or machinery is 바카라 사이트˜leased out바카라 사이트™ plant or machinery. See BLM80150.