SCHEDULES
SCHEDULE 26Special rate expenditure and the special rate pool
Part 2Commencement etc
Saving for intra-group transfers
17
(1)
Where this paragraph applies, for the purposes of making allowances and charges under Part 2 of CAA 2001—
(a)
the integral feature is treated as having been sold by the seller to the buyer at a price which gives rise to neither a balancing allowance nor a balancing charge, and
(b)
the buyer's expenditure on the integral feature is treated as qualifying expenditure which is not special rate expenditure (and, if allocated to a pool, is to be allocated to the buyer's main pool).
(2)
Allowances and charges are to be made under Part 2 of CAA 2001 to or on the buyer as if everything done to or by the seller had been done to or by the buyer.