SCHEDULES

SCHEDULE 1Minor and consequential amendments

Part 2Other enactments

Capital Allowances Act 2001 (c. 2)

515

1

Amend section 529 (giving effect to allowances and charges) as follows.

2

In subsection (1) omit “, or a Schedule A business,”.

3

In subsection (1A)—

a

omit the words from “is within” to “and he”, and

b

for “treating him as if he had been carrying on” substitute “ treating the person as having carried on ”.

4

Omit subsection (2).