97(1)The following provisions apply where—U.K.
(a)there is a disposal of a ship in relation to which paragraph 94 applies to restrict the capital allowances available, and
(b)a disposal value falls fall to be brought into account.
The reference in paragraph (a) to a disposal of ship includes a disposal of a part of a ship, or of an interest in a ship or a part of a ship.
(2)The disposal value is first allocated between the 25% pool and the 10% pool in the same proportions as the cost of providing the ship was allocated to those pools.
(3)If the amount allocated to the 25% pool exceeds the amount of qualifying expenditure remaining in that pool, any excess shall be taken to the 10% pool.
(4)A balancing charge arises only if the amount taken to the 10% pool exceeds the amount of qualifying expenditure remaining in that pool.