Section 398G | Transfers into and out of A ^F1

(1)Section 948 does not apply where A is the predecessor or the successor.

(2)Repealed^F2

(3)If any event occurs that requires A to bring the disposal value of plant or machinery into account under Part 2 of CAA 2001, that Part has effect as if the disposal value that A is required to bring into account were the higher of—^F3

(a)the disposal value determined in accordance with that Part, and^F3

(b)the ascribed value of the plant or machinery.^F3

(4)Section 265 of CAA 2001 (successions) is subject to this section.^F3