Capital Allowances Act 2001
2001 CHAPTER 2
Commentary on Sections
Glossary
Part 5: Mineral extraction allowances
Chapter 6: Allowances and charges
Section 425: Receipt of capital sum
1470.This section is based on section 99(4) of CAA 1990. It requires capital sums, reasonably attributable to qualifying expenditure, to be brought into account as disposal values.
1471.Subsection (3) stops a capital sum from being taken into account twice.
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