88(1)In this Part of this Schedule—U.K.
[F1“capital allowance” means any allowance under the Capital Allowances Act 2001;]
[F2“qualifying activity” means any activity in respect of which a person may be entitled to a capital allowance;]
“qualifying expenditure” means expenditure in respect of which a person is or may be entitled to a capital allowance.
[F3(2)In this Part of this Schedule any reference to pooling or to single asset pools, class pools or the main pool shall be construed in accordance with sections 53 and 54 of the Capital Allowances Act 2001.]
(4)Other expressions relating to capital allowances have the same meaning in this Part of this Schedule as in the [F4Capital Allowances Act 2001].
Textual Amendments
F1Sch. 22 para. 88: definition of “capital allowance" substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, ss. 578, 579, Sch. 2 para. 108(21)
F2Sch. 22 para. 88: definition of “qualifying activity" substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, ss. 578, 579, Sch. 2 para. 108(21)
F3Sch. 22 para. 88(2) substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) for Sch. 22 para. 88(2)(3) by 2001 c. 2, ss. 578, 579, Sch. 2 para. 108(22)
F4Words in Sch. 22 para. 88(4) substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, ss. 578, 579, Sch. 2 para. 108(23)