Commentary on Sections Overview Overview
990.This Chapter rewrites the Schedule D Case VI charge on rent received for a wayleave granted in the United Kingdom. It is based on section 120 of ICTA.
991.If a landowner receives rent for a UK electric-line wayleave section 120 of ICTA provides that:
	the rent is charged under Schedule A if the landowner receives other rent in respect of the same land; otherwise
	the rent is charged under Schedule D.
992.In practice this meant that if the landowner carries on a trade on the land the rent can be treated as a trade receipt. Otherwise the rent was taxed under Schedule D Case VI.
993.Section 396 of ICTA gives the rules for dealing with Schedule D Case VI losses. In order to preserve that loss regime it is necessary to isolate the income that ICTA charges under Schedule D Case VI.