not to use the demised premises for certain trading purposes, and in the case of " tied houses " a covenant by the lessees to purchase all beer required from the lessors.
This entitled lessors still to utilize the accrued capital allowance.
Overseas leasing UK based lessors have not been able to lease assets to overseas lessees due to the penal overseas leasing rules.
It applies to expenditure incurred by lessors after Royal Assent and before 1 January 2008.
The 11 largest lessors account for about 90% of the box rental market.