[212L Balance sheet value]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[212L  Balance sheet value]

[(1)     BSV is the balance sheet value of the relevant plant and machinery and is to be found by adding together the amounts (if any) which would be shown in respect of it in the appropriate balance sheet of C or P.

(2)     For this purpose the amounts shown in the appropriate balance sheet in respect of the relevant plant or machinery are—

(a)     the amounts shown in that balance sheet as the net book value (or carrying amount) in respect of it, and

(b)     the amounts shown in that balance sheet as the net investment in respect of finance

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