{
  "url": "https://openlegislation.uk/finance-act-2003/schedule-32/paragraph-2",
  "json_url": "https://openlegislation.uk/finance-act-2003/schedule-32/paragraph-2.json",
  "legislation": "ukpga/2003/14",
  "legislation_title": "Finance Act 2003",
  "legislation_url": "https://openlegislation.uk/finance-act-2003",
  "path": "schedule/32/paragraph/2",
  "kind": "paragraph",
  "number": "2",
  "heading": null,
  "text": "(1) In paragraph 41(4) of that Schedule (the requirement not to enter into tax avoidance arrangements: exemption for finance leases)—\n(a) in the first sentence omit “finance”;\n(b) for the second sentence substitute— “ In this sub-paragraph “lease”, and “lessor” in relation to a lease, have the meaning given by paragraph 89(2). ”.\n(2) In paragraph 147 (index of defined expressions)—\n(a) omit the entry for “finance lease (and lessor and lessee) (in Part X)”;\n(b) insert at the appropriate place—\n“\nlease (and lessor and lessee) (in Part X)\nparagraph 89(2)\n”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2003/14/schedule/32/paragraph/2",
    "retrieved_at": "2026-10-29T09:18:27.996599+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}