SCHEDULES

SCHEDULE 9Capital allowances for plant and machinery: anti-avoidance

Restrictions on writing-down allowances

5

(1)

Section 218 of that Act (restriction on B's qualifying expenditure) is amended as follows.

(2)

In subsection (1), for “section 214, 215 or 216” substitute “ section 214 or 216 ”.

(3)

At the end insert—

“(5)

This section is subject to section 218ZA(3).”

(4)

Accordingly, in the heading of that section, insert at the end : section 214 or 216.