Section 104C | Special rate pool ^F1

(1)Special rate expenditure to which this section applies, if allocated to a pool, must be allocated to a class pool (“the special rate pool”).

(2)This section applies to special rate expenditure if—

(a)it is incurred wholly and exclusively for the purposes of a qualifying activity, and

(b)it is not expenditure which is required to be allocated to a single asset pool.