[45N Effect of plant or machinery subsequently being primarily for use outside designated assisted areas]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[45N  Effect of plant or machinery subsequently being primarily for use outside designated assisted areas]

[(1)     Expenditure on the provision of plant or machinery is to be treated as never having been first-year qualifying expenditure under section 45K if, at any relevant time—

(a)     the primary use to which the plant and machinery is put is other than in an area which was a [relevant area] at the time the expenditure was incurred, or

(b)     the plant or machinery is held for use otherwise than primarily in an area

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