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SCHEDULES

SCHEDULE 5Transitional Provisions and Savings

Capital allowances

4Notwithstanding the substitution by paragraph 4 of Schedule 6 to this Act of a new paragraph (d) for the paragraph (d) inserted in section 83(4) of the [1968 c. 3.] Capital Allowances Act 1968 by section 3(2) of the 1969 Act, the [S.I. 1969/1541.] Capital Allowances (Relevant Grants) (No. 2) Order 1969 (which was made under section 83(4) by virtue of the original paragraph (d))—

(a)shall continue in force as if so made by virtue of the new paragraph (d); and

(b)shall have effect with the substitution, for the reference in Article 1 of that Order to a grant made under section 3 of the 1969 Act, of a reference to a grant made under section 12 of this Act.

5Any reference in—

(a)Article 1 of the Order mentioned in paragraph 4 above, as it has effect by virtue of that paragraph ; and

(b)section 83(4)(d) of the Capital Allowances Act 1968, as substituted by paragraph 4 of Schedule 6 to this Act;

to a grant made under section 12 of this Act shall be read as including a reference to a grant made under section 3 of the 1969 Act.