Part 2 Plant and machinery allowances
Chapter 12 Ships
Attribution of deferred amounts
143 Effect of attribution
(1)
This section applies if a notice is given under section 140 attributing an amount to expenditure on new shipping.
(2)
The amount must be brought into account as a disposal value—
(a)
for the chargeable period in which the expenditure is incurred, and
(b)
in the single ship pool to which the expenditure is allocated.