SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Capital Allowances Act 2001 (c. 2)

507

(1)

Amend section 393T (giving effect to allowances and charges) as follows.

(2)

In subsection (2) omit “, or a Schedule A business,”.

(3)

In subsection (2A)—

(a)

for the words from “person” to “his” substitute “ person's ”,

(b)

for “by him” substitute “ by the person ”, and

(c)

for “treating him as if he had been carrying on” substitute “ treating the person as having carried on ”.

(4)

Omit subsection (3).