{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-160",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-160.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/160",
  "kind": "section",
  "number": "160",
  "heading": "Expenditure treated as incurred for purposes of mineral extraction trade",
  "text": "(1) For the purposes of this Part, expenditure incurred by a person—\n(a) on the provision of plant or machinery for mineral exploration and access, and\n(b) in connection with a mineral extraction trade carried on by him,\nis to be treated as incurred for the purposes of that trade.\n(2) Subsection (1) does not apply to expenditure if—\n(a) when it is incurred, the person is carrying on the trade but the trade is not at that time a mineral extraction trade, or\n(b) when it is incurred, the person has not begun to carry on the trade and, when the person begins to carry on the trade, the trade is not a mineral extraction trade.\n(3) Section 577(2) (references to commencement etc of a trade) does not apply to subsection (2).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 160 renumbered as s. 160(1) (with effect in accordance with s. 67(8) of the amending Act) by Finance Act 2014 (c. 26), s. 67(4)(a)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "S. 160(2)(3) inserted (with effect in accordance with s. 67(8) of the amending Act) by Finance Act 2014 (c. 26), s. 67(4)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/160",
    "retrieved_at": "2026-10-29T09:20:17.739129+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}