139 Amount taken into account in respect of old ship
Capital Allowances Act 2001 (2001 c 2) | Legislation

139  Amount taken into account in respect of old ship

(1)     The amount taken into account in respect of the old ship for the purposes of section 138(1)(b) is—

(a)     amount A, if no election has been made under section 129 (election to use appropriate non-ship pool) in respect of any of the qualifying expenditure incurred on the provision of the ship, or

(b)     amount B, in any other case.

(2)     Amount

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