[45T Exclusion of expenditure incurred under disqualifying arrangements]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[45T  Exclusion of expenditure incurred under disqualifying arrangements]

[(1)     Expenditure is not first-year qualifying expenditure under section 45S if the expenditure is incurred directly or indirectly in consequence of, or otherwise in connection with, disqualifying arrangements.

(2)     Arrangements are “disqualifying arrangements” for the

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