# Capital Allowances Act 2001, Section 237: Exceptions to section 236

Extent: E+W+S+N.I.

(1) An additional VAT liability is not AIA qualifying expenditure or first-year qualifying expenditure if at the time when the liability is incurred the plant or machinery is used for overseas leasing which is not protected leasing.
(2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/237 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-237
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.