SCHEDULES

SCHEDULE 9Capital allowances for plant and machinery: anti-avoidance

Restrictions on writing-down allowances

5

1

Section 218 of that Act (restriction on B's qualifying expenditure) is amended as follows.

2

In subsection (1), for “section 214, 215 or 216” substitute “ section 214 or 216 ”.

3

At the end insert—

5

This section is subject to section 218ZA(3).

4

Accordingly, in the heading of that section, insert at the end “ : section 214 or 216 ”.