(1) Section 40 of the Finance Act, 1984, is hereby amended -
(a) in the definition of "the specified capital allowances" (as amended by section 53 of the Finance Act, 1986) in subsection (1), by the substitution of "subsection (6), (7), (7A) or (8)" for "subsection (6), (7) or (8)", and
(b) by the insertion of the following subsection after subsection (7) (inserted by section 53 of the Finance Act, 1986):
"(7A) The reference in the definition of 'the specified capital allowances' in subsection (1) to machinery or plant to which this subsection applies is a reference to machinery or plant provided for leasing by a lessor to a lessee in the course of the carrying on by the lessor of relevant trading operations within the meaning of section 39A (inserted by the Finance Act, 1981), or section 39B (inserted by the Finance Act, 1988), of the Finance Act, 1980, and -
(a) in respect of the expenditure on which no allowance has been, or will be, made under Chapter I of Part XV of the Incom