[431D Persons leaving cash basis]
Capital Allowances Act 2001 (2001 c 2) | Legislation

[431D  Persons leaving cash basis]

[(1)     This section applies if—

(a)     a person carrying on a mineral extraction trade leaves the cash basis in a chargeable period,

(b)     the person has incurred expenditure at a time when [the cash basis applies] in relation to the trade,

(c)     some or all of the expenditure was brought into account in calculating the profits of the trade on the cash basis, and

(d)     the

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