405 Qualifying expenditure where buildings or structures cease to be used
Capital Allowances Act 2001 (2001 c 2) | Legislation

405  Qualifying expenditure where buildings or structures cease to be used

(1)     This section applies if—

(a)     section 404 (exclusion of undeveloped market value of land) applies to limit the buyer's qualifying expenditure on acquiring the mineral asset,

(b)     the undeveloped market value of the interest in land includes the value of any buildings or structures on the land, and

(c)     at

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