HC Deb 03 December 1996 vol 286 c931

Resolved, That provision may be made for the purposes of income tax and corporation tax in relation to arrangements which—

  1. (a) are or have been entered into by companies or other persons, and
  2. (b) are of such a kind as, in the case of companies incorporated in any part of the United Kingdom, falls for the purposes of accounts of such companies to be treated in accordance with normal accountancy practice as finance leases or loans.