[262AE Co-ownership schemes: effect of election for purchasers]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[262AE  Co-ownership schemes: effect of election for purchasers]

[(1)     This section has effect where—

(a)     an election under section 262AB is made by the operator of a co-ownership authorised contractual scheme,

(b)     property consisting of a fixture ceased to be subject to the scheme at any time in an accounting period for which the election has effect,

(c)     in a calculation made by the operator of the scheme under section 262AC(2) the assumption in section 262AC(3)(g)

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