# Capital Allowances Act 2001, Section 377: Chargeable period when balancing adjustment made


A person is not entitled to a writing-down allowance for a chargeable period in which a balancing allowance or balancing charge is made to or on him in respect of the qualifying expenditure.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/377 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-377
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.