Clause 8

by inserting, immediately after subsection (6), the following subsection:“(6AA) To avoid doubt, the reference to interest in subsection (6) is, in the case of an arrangement that is a finance lease of any machinery or plant that is treated as sold by the lessor to the lessee pursuant to regulations made under section 10D(1), a reference to the part of any payment by the lessee that is income of the lessor under section 10D(2A).”;

by inserting, immediately after subsection (7), the following subsection:“(7AA) Any payment by the lessee to the lessor under a finance lease of any machinery or plant that is not treated as sold by the lessor to the lessee pursuant to regulations made under section 10D(1), is treated as a payment under an agreement or arrangement for the use of movable property under subsection (7)(d).”; and

by inserting, immediately after subsection (9), the following subsection:“(10) In this section, “finance lease” has the same meaning as in section 10D.”.