264 Partnership using property of a partner
Capital Allowances Act 2001 (2001 c 2) | Legislation

264  Partnership using property of a partner

(1)     Subsection (2) applies if—

(a)     a qualifying activity is carried on in partnership,

(b)     plant or machinery is used for the purposes of the qualifying activity, and

(c)     the plant or machinery is owned by one or more of the partners but is not partnership property.

(2)     The same allowances, deductions and charges are to be

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