SCHEDULES

SCHEDULE 26Special rate expenditure and the special rate pool

Part 1Amendments of CAA 2001

Consequential amendments

10

For section 102 (6% writing-down allowance in respect of long-life asset expenditure) substitute—

“102Writing-down allowance in respect of long-life asset expenditure

Chapter 10A (special rate expenditure and the special rate pool) provides for the writing-down allowance to which a person is entitled in respect of long-life asset expenditure.”