Section 187B Section 187A: supplementary provisionF1

It is for the current owner to show—

and, for this purpose, to provide an officer of Revenue and Customs, on request, with a copy of any tribunal decision, election or statement by reason of which a requirement mentioned in paragraph (a) or (b) is satisfied.

Where—

subsections (2) and (4) of section 200 apply in relation to the making of a statement within section 187A(8)(b) or (11)(a) and an amount specified in such a statement, as they apply in relation to an election and an amount specified in an election.

For the purposes of section 187A, the current owner and the past owner may be the same person.

In that section “relevant earlier time” means (subject to subsection (5)) any time which falls before the earliest time when the current owner is treated as owning the plant or machinery as a result of incurring the new expenditure.

If, before the earliest time when the current owner is treated as owning the plant or machinery as a result of incurring the new expenditure—

the relevant earlier time does not include any time before the seller ceased to own the plant or machinery.

Nothing in section 187A(3) affects the disposal value (if any) which falls to be brought into account by the past owner (as a result of having made a claim in respect of the historic expenditure).

Expressions used in this section have the same meaning as in section 187A.