Schedules
Schedule 3Transitionals and savings
Part 4Plant and machinery allowances
Additional VAT liabilities and rebates
51Anti-avoidance
Sections 243(7) and 244 do not apply in relation to expenditure incurred before 2nd July 1998 if the relevant transaction—
a
is a purchase under a contract entered into before 2nd July 1997;
b
is itself a contract entered into before that date; or
c
is an assignment made before that date, or in pursuance of a contract entered into before that date.