[270BG Acquisition or alteration of land etc]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[Excluded expenditure]

[270BG  Acquisition or alteration of land etc]

[(1)     Expenditure incurred—

(a)     on the acquisition of land or rights in or over land, or

(b)     on altering land,

is “excluded expenditure” for the purposes of this Part.

(2)     Expenditure incurred on, or in connection with, seeking planning permission (including fees and related costs) is “excluded expenditure” for the purposes of this Part.

(3)     In subsection (1), the reference to

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