Part 5

Mineral extraction allowances
Chapter 7

Supplementary provisions

Shares in assets
435
1
This Part applies in relation to a share in an asset as it applies (under section 571) in relation to a part of an asset.
2
For the purposes of those provisions, a share in an asset is treated as used for the purposes of a trade so long as, and only so long as, the asset is used for the purposes of the trade.
S. 45H(2) modified (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14) , Sch. 30 para. 7