Part 3 INCOME TAX, CORPORATION TAX AND CAPITAL GAINS TAX

Chapter 2 OTHER PROVISIONS

Capital allowances

65 Energy-saving plant and machinery

Schedule 17 to this Act (first-year allowances in respect of expenditure on energy-saving plant and machinery) has effect—

a

for income tax purposes, as respects allowances and charges falling to be made for chargeable periods ending on or after 6th April 2001, and

b

for corporation tax purposes, as respects allowances and charges falling to be made for chargeable periods ending on or after 1st April 2001.