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Regulation 36 Leases of other descriptionsI1

England and Wales Not yet in force

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Subject to regulations 37 and 38, where the initial cost of a lease of land does not fall to be determined under any of regulations 28 to 35, the initial cost of the lease shall be the capital cost of the lease.

(2)

The initial cost of a lease of goods shall be the capital cost of the lease.

Annotations

Commencement

I1

Reg. 36 in force at 1.4.1997, see reg. 1(1)(b)