# Capital Allowances Act 2001, Section 321: The relevant period of ownership


The relevant period of ownership is the period beginning—
(a) with the day on which the building was first used for any purpose, or
(b) if the relevant interest has been sold after that day, with the day following that on which the sale (or the last such sale) occurred,
and ending with the day on which the balancing event occurs.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/321 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-321
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.