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8(1)The circumstances referred to in sub-paragraph (1) of each of paragraphs 5 to 7 above is that the sole or main benefit which (apart from this Part of this Schedule) might have been expected to be gained by incurring the expenditure at the time at which it was incurred was either—
(a)the securing of an initial allowance or first-year allowance in respect of the expenditure, rather than a writing-down allowance ; or
(b)the securing of a higher rate of initial or first-year allowance in respect of the expenditure.
(2)In sub-paragraph (1) above—
" initial allowance " means an initial allowance under section 1 of the [1968 c. 3.] Capital Allowances Act 1968 or Schedule 12 to the Finance Act 1982 ; and
" first-year allowance " means a first-year allowance under section 41 of the [1971 c. 68.] Finance Act 1971.
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