SCHEDULES
SCHEDULE 9Capital allowances for plant and machinery: anti-avoidance
Restriction of exception for manufacturers and suppliers
7
1
Section 230 of CAA 2001 (exception for manufacturers and suppliers), as amended by section 41 of this Act, is amended as follows.
2
For subsection (1) substitute—
1
The restrictions in sections 217 and 218 do not apply in relation to any plant or machinery if—
a
the relevant transaction is within section 213(1)(a) or (b),
b
the case does not fall within section 215, and
c
the conditions in subsection (3) are met.
3
Omit subsection (2).