Part 2 Plant and machinery allowances
Chapter 12 Ships
Deferment of balancing charges
134 Deferment of balancing charges: introduction
(1)
Sections 135 to 156 enable a balancing charge that arises when there is a disposal event in respect of a ship to be deferred and attributed to qualifying expenditure on another ship.
(2)
In this Chapter “the deferment rules” means sections 135 to 156.