PART IIIIncome Tax, Corporation Tax and Capital Gains Tax

CHAPTER IICapital Allowances

77Teletext receivers and teletext and viewdata adaptors

(1)

Paragraph 7 of Schedule 12 to the M1Finance Act 1980 (transitional period for 100 per cent, first year allowances for television sets) shall be amended in accordance with the following provisions of this section.

(2)

In sub-paragraph (2) (definition of "the transitional period ") in paragraph (a) after the words " other than " there shall be inserted the words " a teletext receiver or " and at the end of paragraph (a) there shall be inserted: —

“(aa)

in relation to expenditure on the provision of a teletext receiver, the period of five years beginning with that date”.

(3)

In sub-paragraph (3) (definition of "viewdata receiver") after the words " television set" in the first place where they occur, there shall be inserted the words " which is not a teletext receiver but which is " and the words from "and a television set" to the end of the sub-paragraph shall be omitted.

(4)

After sub-paragraph (3) there shall be inserted the following sub-paragraphs:—

“(4)

In this Part of this Schedule " a teletext receiver " means a television set—

(a)

which is constructed for receiving teletext transmissions, that is to say, transmissions intended for general reception and consisting of a succession of visual displays (with or without accompanying sound) each capable of being selected and held for separate viewing or other use; and

(b)

which is not also constructed for displaying information received as mentioned in sub-paragraph (3) above.

(5)

In relation to expenditure incurred after 9th March 1982—

(a)

this Part of this Schedule, other than sub-paragraph (6) below, shall have effect as if any reference to a television set included a reference to a teletext adaptor or a viewdata adaptor; and

(b)

sub-paragraph (2) above shall have effect as if any reference to a teletext receiver included a reference to a teletext adaptor and as if any reference to a viewdata receiver included a reference to a viewdata adaptor.

(6)

In this Part of this Schedule

(a)

" teletext adaptor " means a device external to a television set which, after it is connected to that television set, allows the set to display transmissions in the same manner as a teletext receiver; and

(b)

" viewdata adaptor" means a device external to a television set which, after it is connected to that television set, allows the set to display information received in the same manner as a viewdata receiver.”