2015 No. 60
The Capital Allowances Act 2001 (Extension of first-year allowances) (Amendment) Order 2015
Made
Laid before the House of Commons
Coming into force
The Treasury make the following Order in exercise of the powers conferred by sections 45D(1A) and (7) and 45E(1A) of the Capital Allowances Act 20011.
Citation and commencement
1
This Order may be cited as the Capital Allowances Act 2001 (Extension of first-year allowances) (Amendment) Order 2015 and comes into force on 17th February 2015.
2
The amendment made by paragraph (b) of article 4 has effect in relation to expenditure incurred on or after 1st April 2015.
Amendment of the Capital Allowances Act 2001
3
The Capital Allowances Act 2001 is amended as follows.
4
In section 45D—
a
in subsection (1)(a) for “2015” substitute “2018”; and
b
in subsection (4) for “95” substitute “75”.
5
In section 45E(1)(a) for “2015” substitute “2018”.
(This note is not part of the Order)