(1) Subject to subsection (3), where a person carrying on a trade has incurred capital expenditure in acquiring for the purposes of the trade a right to use or otherwise deal with computer software, then, for the purposes of this Chapter and Chapter 4 of this Part -
(a) the right and the software to which the right relates shall be treated as machinery or plant,
(b) such machinery or plant shall be treated as having been provided for the purposes of the trade, and
(c) for so long as the person is entitled to the right, that machinery or plant shall be treated as belonging to that person.
(2) Subject to subsection (3), in any case where -
(a) a person carrying on a trade has incurred capital expenditure on the provision of computer software for the purposes of the trade, and
(b) in consequence of the person having incurred that expenditure, the computer software belongs to that person but does not constitute machinery or plant,
then, for the purposes of this Chapter and Chapter 4 of thi
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