{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-513",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-513.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/513",
  "kind": "section",
  "number": "513",
  "heading": "When balancing adjustments are made",
  "text": "(1) A balancing adjustment is made if—\n(a) qualifying expenditure has been incurred on a building, and\n(b) a balancing event occurs in relation to a dwelling-house comprised in the building while it is a qualifying dwelling-house.\n(2) A balancing adjustment is either a balancing allowance or a balancing charge and is made for the chargeable period in which the balancing event occurs.\n(3) A balancing allowance or balancing charge is made to or on the person entitled to the relevant interest in the dwelling-house immediately before the balancing event.\n(4) No balancing adjustment is made if the balancing event occurs more than 25 years after the dwelling-house was first used.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/513",
    "retrieved_at": "2026-10-29T09:20:17.739129+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}