tax-exempt use property
(A)The term “tax-exempt use property” has the meaning given to such term by section 168(h), except that such section shall be applied— (i)without regard to paragraphs (1)(C) and (3) thereof, and (ii)as ifintangible property (as defined in section 197), and property described in paragraph (1)(B) or (2) of section 167(f), were tangible property. (B)Such term shall not include any property which would (but for this subparagraph) be tax-exempt use property solely by reason of section 168(h)(6). (C)For treatment of partnerships as leases to whichapplies, see section 7701(e). (d)This section shall not apply to any lease of property which meets the requirements of all of the following paragraphs: