5(1)Section 52 (first-year allowances) is amended as follows.
(2)In subsection (3), at the appropriate place in the Table insert—
| “Expenditure qualifying under section 45K (expenditure on plant and machinery for use in designated assisted areas) | 100%” |
(3)In subsection (5)—
(a)omit the “and” at the end of the entry for section 212T, and
(b)after that entry insert—
“section 212U (cap on first-year allowances: expenditure on plant and machinery for use in designated assisted areas), and”.