481 Anti-avoidance: limit on qualifying expenditure
Capital Allowances Act 2001 (2001 c 2) | Legislation

Chapter 5
Supplementary Provisions

481  Anti-avoidance: limit on qualifying expenditure

(1)     In the two cases given below, the amount (if any) by which the capital expenditure incurred by a person (“the buyer”) on the purchase of patent rights exceeds the relevant limit is to be left out of account in determining the buyer's qualifying expenditure.

(2)     The first case is where

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