xmlns:atom="http://www.w3.org/2005/Atom"

SCHEDULES

SCHEDULE 2Annual investment allowance: transitional provisions etc

PART 1Transitional provisions

First straddling period beginning on or after 1 January 2013

3(1)This paragraph applies where no part of the first straddling period falls before 1 January 2013.

(2)So far as concerns expenditure incurred before the start date, the maximum allowance under section 51A of CAA 2001 for the first straddling period is what would have been the maximum allowance for that period if the amendment made by section 10(1) had not been made.