Section 1 | Capital allowances

(1)This Act provides for allowances in respect of capital expenditure (and for charges in connection with those allowances).

(2)The allowances for which this Act provides are those under—

(a)Part 2 (plant and machinery allowances);

(aa)Part 2A (structures and buildings allowances);^F1

(b)Repealed^F2

(ba)Part 3A (business premises renovation allowances)^F3

(c)Repealed^F4

(ca)Repealed^F5

(d)Part 5 (mineral extraction allowances);

(e)Part 6 (research and development allowances);

(f)Part 7 (know-how allowances);

(g)Part 8 (patent allowances);

(h)Part 9 (dredging allowances);

(i)Part 10 (assured tenancy allowances).

(3)This Act also provides for allowances in respect of contributions to expenditure incurred on plant or machinery... for the purposes of a mineral extraction trade or on dredging (see Part 11).^F6

(4)Repealed^F7

(5)Repealed^F7