Part 2 Plant and machinery allowances
Chapter 13 Provisions affecting mining and oil industries
Expenditure connected with mineral extraction trades
160 Expenditure treated as incurred for purposes of mineral extraction trade
For the purposes of this Part, expenditure incurred by a person—
(a)
on the provision of plant or machinery for mineral exploration and access, and
(b)
in connection with a mineral extraction trade carried on by him,
is to be treated as incurred for the purposes of that trade.