1237.The legislation at Part V of CAA 1990 has some similarity with Part I of CAA 1990 (industrial buildings allowances). Both give allowances:
for capital expenditure incurred on the construction of buildings;
to the person with the relevant interest; and
on a “straight line basis” (see paragraph 27 above).
1238.But there are also important differences. In particular, for industrial buildings the focus is on the use of the building for the trade or undertaking. For agricultural buildings the focus is on land used for the purposes of husbandry in respect of which the construction expenditure was originally incurred.