BLM21335 - Defining long funding
leases: funding leases that are not long funding leases: short
leases: excluded leases: plant or machinery treated as background
plant or machinery
The second list, in article 3 of SI2007/303, is an exhaustive
list of plant or machinery that is not, or may not be, background
plant or machinery on the basis of the definition in CAA01/S70R,
but which is treated as if it were background plant or machinery.
Plant or machinery which is to be treated as background plant or
machinery is
- lighting installations including all fixed light fittings and
emergency lighting systems,
- telephone, audio-visual and data installations incidental to
the occupation of the building,
- computer networking facilities incidental to the occupation of
the building,
- sanitary appliances and other bathroom fittings including hand
driers, counters, partitions, mirrors, shower and locker
facilities,
- kitchen and catering facilities for producing and storing food
and drink for the occupants of the building,
- fixed seating,
- signs,
- public address systems, and
- intruder alarm systems and other security equipment including
surveillance equipment.
Note that not all assets on this list are necessarily plant or
machinery in the first place. For example, some types of lighting
are plant or machinery, others are not. But where they are plant or
machinery this list serves to treat them as background plant or
machinery.
