# Capital Allowances Act 2001, Section 338: Writing off capital value which has been realised


If a balancing event within section 328 occurs (realisation of capital value), an amount equal to any capital value realised is written off at the time of the event.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/338 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-338
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.