Yn ddilys o 01/04/2009
1073Capped R&D expenditureU.K.
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For the purposes of this Part a company's “capped R&D expenditure” is any expenditure—
(a)in respect of which the company is not entitled to relief under Chapter 2 merely because of section 1113 (cap on R&D aid),
(b)which is not qualifying Chapter 3 expenditure, and
(c)which would have been qualifying Chapter 5 expenditure had the company been a large company throughout the accounting period in question.