Paragraph 600

After section 221 insert—

“Sums to which sections 217 to 221 do not apply

221A

(1)

This section applies if a grant of a lease constitutes a disposal of an asset for the purposes of section 758(2)(b) or 763(2)(a) of CTA 2010 (disposals under finance arrangements).

(2)

Sections 217 to 221 do not apply in relation to a premium paid in respect of the grant.”