[360O Proceeds from balancing events]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[360O  Proceeds from balancing events]

[(1)ÌýÌýÌýÌý References in this Part to the proceeds from a balancing event are to the amounts received or receivable in connection with the event, as shown in the Table—

TABLE: BALANCING EVENTS AND PROCEEDS
1ÌýÌýÌýÌý Balancing Event2ÌýÌýÌýÌý Proceeds from event
1ÌýÌýÌýÌý The sale of the relevant interest.The net proceeds of the sale.
2ÌýÌýÌýÌý The grant of
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