# The BBC World Service Transfer Scheme (Capital Allowances) Order 1997, Article 3: Leased Fixtures


In respect of each of the leases granted by the BBC to WSCo or by WSCo to the BBC in pursuance of an obligation imposed by a provision contained in the Transfer Scheme by virtue of paragraph 2(1)(g) of Schedule 5 to the Act where such leases are either
(a) leases in relation to which the conditions in paragraphs (a) and (b) of section 55(1) of the 1990 Act (expenditure incurred by incoming lessee: transfer of allowances) are fulfilled; or
(b) leases in relation to which the conditions in paragraphs (a), (c) and (d) of section 56 of the 1990 Act (expenditure incurred by incoming lessee: lessor not entitled to allowances) are fulfilled,
WSCo or, as the case may be, the BBC, shall be deemed for the purposes of Part II of that Act to have given as consideration for that lease a capital sum of nil.

---
Source: https://www.legislation.gov.uk/uksi/1997/1354/article/3 (the official version)
Page: https://openlegislation.uk/bbc-world-service-transfer-scheme-capital-allowances-order-1997/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.