Search Legislation

Capital Allowances Act 2001


1949.This Chapter provides miscellaneous provisions which apply to the whole Act or to several Parts of it.

1950.Section 562 deals with apportionments if property is sold together.

1951.Sections 563 and 564 provide a procedure for determining certain questions affecting two or more persons.

1952.Section 565 deals with tax agreements for income tax purposes.

1953.Section 566 provides a special rule for companies not resident in the UK.

1954.Sections 567 to 570 provide for market value if sales are between connected persons or are transactions to obtain a tax advantage. They also provide for an election (if the sale is not a transaction to obtain a tax advantage) which will allow the price to be the amount of unused capital allowances.

Back to top


Print Options


Explanatory Notes

Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.


More Resources

Access essential accompanying documents and information for this legislation item from this tab. Dependent on the legislation item being viewed this may include:

  • the original print PDF of the as enacted version that was used for the print copy
  • lists of changes made by and/or affecting this legislation item
  • confers power and blanket amendment details
  • all formats of all associated documents
  • correction slips
  • links to related legislation and further information resources