Part 10 Assured tenancy allowances

Chapter 1 Introduction

493 Expenditure on the construction of a building

1

For the purposes of this Part, expenditure on the construction of a building does not include expenditure on the acquisition of land or rights in or over land.

2

This Part has effect in relation to capital expenditure incurred by a person on repairs to a part of a building as if it were capital expenditure on the construction of that part of the building for the first time.