402 Pre-trading expenditure on plant or machinery
Capital Allowances Act 2001 (2001 c 2) | Legislation

402  Pre-trading expenditure on plant or machinery

(1)     This section applies if—

(a)     a person incurs pre-trading expenditure on the provision of plant or machinery for mineral exploration and access,

(b)     the plant or machinery was used in connection with mineral exploration and access at a source, and

(c)     before the first day of trading, the plant or machinery is sold, demolished, destroyed or abandoned.

(2)

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