Part 5 U.K. Mineral extraction allowances

Chapter 6 U.K. Allowances and charges

Disposal valuesU.K.

420 Meaning of “disposal receipt”U.K.

In sections 417 to 419 “disposal receipt” means a disposal value that a person is required to bring into account in accordance with—

(a)sections 421 to 425, or

(b)paragraph 11 of Schedule 12 to FA 1997 (finance lease or loan: receipt of major lump sum) or any other enactment.