Chwilio Deddfwriaeth

Capital Allowances Act 2001

 Help about what version

Pa Fersiwn

 Help about advanced features

Nodweddion Uwch

 Help about opening options

Dewisiadau AgorExpand opening options

Changes over time for: Section 147

 Help about opening options

Alternative versions:

Status:

Point in time view as at 22/03/2001.

Changes to legislation:

There are currently no known outstanding effects for the Capital Allowances Act 2001, Section 147. Help about Changes to Legislation

147 Exclusions: ship previously ownedU.K.
This adran has no associated Nodiadau Esboniadol

(1)Expenditure on the provision of a ship is not expenditure on new shipping if the person who incurred the expenditure—

(a)has already owned the ship in the period of 6 years ending with the time when he first owns it as a result of incurring the expenditure, or

(b)was connected at a material time with a person who owned the ship at any time during that period.

(2)For this purpose a material time is—

(a)the time when the expenditure was incurred, or

(b)any earlier time in the 6 year period beginning with the relevant disposal event.

Yn ôl i’r brig

Options/Cymorth

You have chosen to open The Whole Act without Schedules

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download. You may also experience some issues with your browser, such as an alert box that a script is taking a long time to run.

Would you like to continue?

You have chosen to open The Whole Act without Schedules as a PDF

The Whole Act without Schedules you have selected contains over 200 provisions and might take some time to download.

Would you like to continue?