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Legislation
Capital Allowances Act 2001

Crossheading Miscellaneous

  • Section 269 Use of plant or machinery for business entertainment
  • Section 270 Shares in plant or machinery
  1. Miscellaneous
  2. Shares in plant or machinery

Section 270 | Shares in plant or machinery

From legislation.gov.uk

(1)This Part applies in relation to a share in plant or machinery as it applies (under section 571) in relation to a part of plant or machinery.

(2)For the purposes of this Part, a share in plant or machinery is treated as used for the purposes of a qualifying activity so long as, and only so long as, the plant or machinery is used for the purposes of the qualifying activity.

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