Regulation 3
Allowances made to lessee
of Income Tax (Income from Finance Leases) Regulations
Subsidiary LegislationIn forceProvision 3 of 5
Regulation 3
Allowances under section 19, 19A, 20, 21, 22 or 23 of the Act in respect of any machinery or plant which is leased under a finance lease shall be made to the lessee if the finance lease is treated as a sale agreement.