186 Fixture on which an industrial buildings allowance has been made
Capital Allowances Act 2001 (2001 c 2) | Legislation

186  Fixture on which an industrial buildings allowance has been made

(1)     This section applies if—

(a)     a person (“the past owner”) has at any time claimed an allowance to which he [was] entitled under Part 3 (industrial buildings allowances) in respect of expenditure which was or included expenditure on the provision of plant or machinery,

(b)     the past owner has transferred the interest which [was] the relevant interest for the purposes of Part 3, and

(c)     the current owner of the plant or

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