# Capital Allowances Act 2001, Section 493: Expenditure on the construction of a building


(1) For the purposes of this Part, expenditure on the construction of a building does not include expenditure on the acquisition of land or rights in or over land.
(2) This Part has effect in relation to capital expenditure incurred by a person on repairs to a part of a building as if it were capital expenditure on the construction of that part of the building for the first time.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/493 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-493
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.