[614BS Cases where expenditure taken into account under Part 2, 5 or 8 of CAA 2001]
Income Tax Act 2007 (2007 c 3) | Legislation

[614BS  Cases where expenditure taken into account under Part 2, 5 or 8 of CAA 2001]

[(1)     This section applies if capital expenditure incurred by the current lessor (“L”) in respect of the leased asset is or has been taken into account for the purposes of any allowance or charge under—

(a)     Part 2 of CAA 2001 (plant and machinery allowances),

(b)     Part 5 of that Act (mineral extraction allowances), or

(c)     Part 8 of that Act (patent allowances).

(2)     The Part

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