C1Part 2 Plant and machinery allowances
Annotations:
Modifications etc. (not altering text)
Chapter 19 Giving effect to allowances and charges
Life assurance business
254 Introductory
1
Sections 255 and 256 apply if a company which is carrying on any life assurance business is entitled or liable to any allowances or charges for a chargeable period in respect of plant or machinery consisting of a management asset.
2
In this Chapter “management asset” has the same meaning as in Chapter 1 of Part 12 (life assurance business).
Pt. 2 modified (24.2.2003) by Proceeds of Crime Act 2002 (c. 29), s. 458(1), Sch. 10 para. 12 (with Sch. 10 para. 17(1)); S.I. 2003/120, art. 2, Sch. (with arts. 34) (as amended (20.2.2003) by S.I. 2003/333, art. 14)