3In section 37(1), after paragraph (b) (election to treat assets as short-life assets), there shall be inserted the following paragraph—
“(ba)the expenditure is not expenditure to which Chapter IVA of this Part applies; and”.
3In section 37(1), after paragraph (b) (election to treat assets as short-life assets), there shall be inserted the following paragraph—
“(ba)the expenditure is not expenditure to which Chapter IVA of this Part applies; and”.