89 Disposal to connected person
Capital Allowances Act 2001 (2001 c 2) | Legislation

89  Disposal to connected person

(1)     This section applies if, at any time before the [relevant] cut-off, a person (“the transferor”) disposes of a short-life asset to a connected person.

(2)     Subject to subsection (6)—

(a)     the transferor is to be treated as having sold the short-life asset to the connected person for an amount equal to the available qualifying expenditure in the short-life

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