{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-217",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-217.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/217",
  "kind": "section",
  "number": "217",
  "heading": "No annual investment allowance or first-year allowance for B’s expenditure",
  "text": "(1) If this section applies as a result of section 214, 215 or 216, no annual investment allowance or first-year allowance is to be made in respect of B’s expenditure under the relevant transaction.\n(2) Any annual investment allowance or first-year allowance which is prohibited by subsection (1), but which has already been made, is to be withdrawn.\n(3) This section does not apply if plant or machinery is the subject of a sale and finance leaseback (as defined in section 221).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 217(1) substituted (with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 8(2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 217(2) inserted (with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 8(3)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "S. 217(3) substituted (with effect in accordance with Sch. 20 para. 6(19) of the amending Act) by Finance Act 2008 (c. 9), Sch. 20 para. 6(8)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in s. 217 heading inserted (with effect in accordance with Sch. 24 para. 23 of the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 8(4)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/217",
    "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."
}