[212Q When there are postponed capital allowances]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[212Q  When there are postponed capital allowances]

[(1)     This section has effect where C or P has relevant postponed capital allowances.

(2)     C or P has relevant postponed capital allowances if amount 2 in section 212K(3) is an amount other than nil.

(3)     Where, following the qualifying change, a person ceases to carry on [a qualifying activity (or part of a qualifying activity)] and C begins to carry on (whether or not in partnership) [that activity (or that part of an activity)] as part of its trade [or business], for the purposes of claiming any allowance in respect of qualifying expenditure such as is mentioned in section 212K(3) the carrying on of [that activity (or that part)] by C is to

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