# Capital Allowances Act 2001, Section 270: Shares in plant or machinery


(1) This Part applies in relation to a share in plant or machinery as it applies (under section 571) in relation to a part of plant or machinery.
(2) For the purposes of this Part, a share in plant or machinery is treated as used for the purposes of a qualifying activity so long as, and only so long as, the plant or machinery is used for the purposes of the qualifying activity.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/270 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-270
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.