{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-51E",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-51E.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/51E",
  "kind": "section",
  "number": "51E",
  "heading": "Fourth restriction: other companies under common control",
  "text": "(1) This section applies in relation to two or more companies which in a financial year are—\n(a) controlled by the same person (see section 51F), and\n(b) related to one another (see section 51G),\nand in relation to which to neither section 51C nor section 51D applies.\n(2) The companies are entitled to a single annual investment allowance between them in respect of the relevant AIA qualifying expenditure.\n(3) The companies may allocate the annual investment allowance to the relevant AIA qualifying expenditure as they think fit.\n(4) The relevant AIA qualifying expenditure is the AIA qualifying expenditure incurred by the companies in chargeable periods ending in the financial year mentioned in subsection (1).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 51A-51N and cross-heading inserted (with effect in accordance with Sch. 24 para. 23 to the amending Act) by Finance Act 2008 (c. 9), Sch. 24 para. 3"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "Pt. 2 modified (11.7.2023) by Finance (No. 2) Act 2023 (c. 30), s. 7"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/51E",
    "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."
}