[163 Meaning of “general decommissioning expenditure”]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[163  Meaning of “general decommissioning expenditure”]

[(1)     Expenditure is “general decommissioning expenditure” for the purposes of sections 164 and 165

[(a)]     if the conditions in [subsections (3), (3A) and (4)] are met[, . . .

[(aa)     the condition in subsection (3AB) is met, or]

(b)     the conditions in subsections (3B) and (4) are met].

(2)     But [paragraphs (a) and (b) of subsection (1) are] subject to subsections (4ZA) to (4ZC).

(3)     The expenditure must have been incurred on decommissioning plant or machinery—

(a)     which has been brought into use [wholly or partly] for the purposes of a ring fence trade, and

(b)     which—

(i)     is, or forms part of, an offshore installation or a submarine pipeline, or

(ii)     when last in use for the purposes of a ring fence trade, was, or formed part of, such an installation or pipeline.]

[(3A)     The expenditure must have been incurred wholly or substantially . . .—

(a)     [in complying with] an approved abandonment programme,

(b)     [in complying with] a condition to which the approval of an abandonment programme is subject, . . .

(c)     [in complying with] a condition imposed by the Secretary of State, or an agreement made with the Secretary of State—

(i)     before

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