2647.This section defines other terms used in the Chapter. It is based on section 785C(1) and (3) to (5).
2648.The effect of subsections (3) to (5) is that a “lease of plant or machinery” includes:
	a lease of plant or machinery only;
	a lease of plant or machinery that is not a fixture where it is leased with land or other assets in circumstances where income attributable to the plant or machinery would not be chargeable to tax as profits of a UKproperty business (in which case see section 891).
but does not include:
	a lease of land and buildings, including fixtures and other plant or machinery the income from which would be taxed as property income; or
	plant or machinery leased out under a long funding lease where the lessor would have been entitled to claim capital allowances but for section 34A of CAA.
Introduction Overview Overview Section 894: Other interpretation of Chapter