86 Short-life asset pool
Capital Allowances Act 2001 (2001 c 2) | Legislation

86  Short-life asset pool

(1)     Qualifying expenditure in respect of a short-life asset, if allocated to a pool, must be allocated to a single asset pool (a “short-life asset pool”).

(2)     If the final chargeable period for the short-life asset pool has not occurred before the [relevant] cut-off—

(a)     the pool ends at the [relevant] cut-off without a final chargeable period,

(b)     the available qualifying expenditure in the

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