http://www.legislation.gov.uk/ukpga/2001/2/section/92/notesMineral extraction, mining, quarryingLegislationLegal servicesTaxCapital expenditureExplanatory Notes to Capital Allowances Act 2001Inland RevenueKing's Printer of Acts of Parliament2018-08-24
<Citation URI="http://www.legislation.gov.uk/id/ukpga/2001/2" id="c00001" Class="UnitedKingdomPublicGeneralAct" Year="2001" Number="0002">Capital Allowances Act 2001</Citation>
2
22nd March 2001
Commentary on SectionsGlossary<CitationSubRef id="c00119" URI="http://www.legislation.gov.uk/id/ukpga/2001/2/part/2" CitationRef="c00001" SectionRef="part-2">Part 2</CitationSubRef>: Plant and machinery allowances<CitationSubRef id="c00635" URI="http://www.legislation.gov.uk/id/ukpga/2001/2/chapter/10" CitationRef="c00001" SectionRef="chapter-10">Chapter 10</CitationSubRef>: Long-life assets
<CitationSubRef id="c00654" URI="http://www.legislation.gov.uk/id/ukpga/2001/2/section/92" CitationRef="c00001" SectionRef="section-92">Section 92</CitationSubRef>: Application of Chapter to part of expenditure
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This section is based on section 38A(4) and (5) of CAA 1990. It deals with circumstances in which this Chapter only applies to part of the capital expenditure on plant or machinery. If that happens then the expenditure within this Chapter is treated as expenditure on a separate asset from the expenditure outside it. If necessary, apportionments are made between that part to which this Chapter applies and that part to which it does not.