# Capital Allowances Act 2001, Paragraph 45: Sale and finance leasebacks


Sections 221, 222 and 224 to 226 do not apply in relation to expenditure incurred before 2nd July 1998 if the relevant transaction—
(a) is a purchase under a contract entered into before 2nd July 1997;
(b) is itself a contract entered into before that date; or
(c) is an assignment made before that date, or in pursuance of a contract entered into before that date.

---
Source: https://www.legislation.gov.uk/ukpga/2001/2/schedule/3/paragraph/45 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/schedule-3/paragraph-45
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.