100 Exceeding the monetary limit
Capital Allowances Act 2001 (2001 c 2) | Legislation

100  Exceeding the monetary limit

(1)     The monetary limit for a chargeable period is exceeded if the total expenditure in that period that meets the conditions in subsection (2) exceeds that limit.

(2)     The conditions are that the expenditure—

(a)     is long-life

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