# Capital Allowances Act 2001, Section 193: Acquisition of ownership by lessor or licensor on termination of lease or licence


If, on the termination of a lease or licence, the outgoing lessee or licensee is treated under section 188 as ceasing to be the owner of a fixture, the lessor or licensor is to be treated, on and after the termination of the lease or licence, as the owner of the fixture.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/193 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-193
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.