Certain expenditure incurred before 6th April 1976U.K.
This
adran has no associated
Nodiadau Esboniadol
55Part 2 of this Act does not apply to capital expenditure—
(a)which was not eligible expenditure within the meaning of section 39 of FA 1976 (which brought expenditure previously not within Chapter I of Part III of FA 1971 within that Chapter but with certain exceptions), and
(b)which was incurred in a chargeable period ending before 6th April 1976.