# Capital Allowances Act 2001, Section 501: Capital expenditure on construction


If—
(a) capital expenditure has been incurred on the construction of a building which was to be or include a qualifying dwelling-house, and
(b) the relevant interest in the building has not been sold or, if it has been sold, it has been sold only after the first use of the building,
the capital expenditure is qualifying expenditure.

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Source: https://www.legislation.gov.uk/ukpga/2001/2/section/501 (the official version)
Page: https://openlegislation.uk/capital-allowances-act-2001/section-501
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.