109 Capital allowances: decommissioning expenditure
Finance Act 2008 (2008 c 9) | Legislation

109  Capital allowances: decommissioning expenditure

(1)     Section 163 of CAA 2001 (meaning of “abandonment expenditure”) is amended as follows.

(2)     For the heading substitute “Meaning of “general decommissioning expenditure””.

(3)     For subsections (1) to (3) substitute—

“(1)     Expenditure is “general decommissioning expenditure” for the purposes of sections 164 and 165 if the conditions in subsections (3) and (4) are met.

(2)     But that is subject to subsections (4ZA) to (4ZC).

(3)

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