[F1104CSpecial rate poolU.K.
This section has no associated Explanatory Notes
(1)Special rate expenditure to which this section applies, if allocated to a pool, must be allocated to a class pool (“the special rate pool”).
(2)This section applies to special rate expenditure if—
(a)it is incurred wholly and exclusively for the purposes of a qualifying activity, and
(b)it is not expenditure which is required to be allocated to a single asset pool.]
Textual Amendments
F1Pt. 2 Ch. 10A inserted (with effect in accordance with Sch. 26 para. 14 of the amending Act) by Finance Act 2008 (c. 9), Sch. 26 para. 2