[104F Special rate cars: discontinued activity continued by relevant company]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[104F  Special rate cars: discontinued activity continued by relevant company]

[(1)     This section applies if—

(a)     a company (“the taxpayer”) has incurred special rate expenditure within section 104A(1)(e) (expenditure on a car other than a main rate car) to which section 104C applies (allocation to special rate pool),

(b)     the qualifying activity carried on by the taxpayer is permanently discontinued, and

(c)     conditions A, B and C are met.

(2)     Condition A is that the qualifying activity carried on by the taxpayer consisted of or included (other than incidentally) making cars available to other persons.

(3)     Condition B is that, at any time in the 6 months after the taxpayer's qualifying activity is permanently discontinued, the qualifying activity of a group relief company consists of or includes (other than incidentally) making cars available to other persons.

(4)     Condition C

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