Capital Allowances Act 2001 Schedule 3 paragraph 33

Equipment lease is part of affordable warmth programme

Paragraph 33 of Schedule 3 sets out a commencement date restriction for the affordable warmth programme equipment lease rules in section 180.

• Section 180 treats an equipment lessor as the owner of a fixture where the lease is part of an affordable warmth programme.
• This treatment only applies where the equipment lessor's expenditure was incurred on or after 28th July 2000.
• If the lessor's expenditure was incurred before 28th July 2000, section 180 does not apply and the normal fixture ownership rules are followed instead.
• The date threshold reflects when this provision was originally introduced into law.