Part 11

Contributions
Chapter 2

Contribution allowances

Contribution allowances under Parts 2, 2A, 3, 4 and 5

Conditions for contribution allowances under Parts 2, 2A ... and 5
537
1
This section gives general conditions for making contribution allowances under Parts 2, 2A ... and 5.
2
The general conditions are that—
a
a person (“C”) has contributed a capital sum to expenditure on the provision of an asset,
b
the expenditure would (ignoring section 532(1))—
i
have been regarded as wholly incurred by another person (“R”), and
ii
if R is not a public body, have entitled R to allowances under Part 2, 2A ... or 5 or to allocate the expenditure to a pool under Part 2, and
c
C and R are not connected persons.
3
In this section “public body” means the Crown or any public or local authority in the United Kingdom.
4
In this Chapter “relevant activity” has the meaning given by section 536(5).
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
Words in s. 537(1) cross-heading substituted (with effect in accordance with s. 92 of the amending Act) by Finance Act 2005 (c. 7), Sch. 6 para. 5; S.I. 2007/949, art. 2
Words in s. 537(1) omitted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 27 para. 8(a)
Words in s. 537(2)(b)(ii) omitted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 27 para. 8(b)
Words in s. 537(1) substituted (with effect in accordance with s. 92 of the amending Act) by Finance Act 2005 (c. 7), Sch. 6 para. 5; S.I. 2007/949, art. 2
Words in s. 537 heading omitted (with effect in accordance with Sch. 27 para. 30(1) of the amending Act) by virtue of Finance Act 2008 (c. 9), Sch. 27 para. 8(c)
Word in s. 537(1) inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 3(10)(a)
Word in s. 537(2)(b)(ii) inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 3(10)(b)
Word in s. 537 cross-heading inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 3(10)(d)
Word in s. 537 heading inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 3(10)(c)