SCHEDULES

SCHEDULE 24Annual investment allowance

Part 1Amendments of CAA 2001

8

1

Section 217 (restrictions on allowances) is amended as follows.

2

In subsection (1), for “a first-year allowance is not” substitute “no annual investment allowance or first-year allowance is”.

3

In subsection (2), after “Any” insert “annual investment allowance or”.

4

In the heading, after “No” insert “annual investment allowance or”.