{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-54",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-54.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/54",
  "kind": "section",
  "number": "54",
  "heading": "The different kinds of pools",
  "text": "(1) There are single asset pools, class pools and the main pool.\n(2) A single asset pool may not contain expenditure relating to more than one asset.\n(3) The following provide for qualifying expenditure to be allocated to a single asset pool—\n. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ;\nsection 86 (short-life asset);\nsection 127 (ship);\nsection 206 (plant or machinery provided or used partly for purposes other than those of qualifying activity);\nsection 211 (payment of partial depreciation subsidy);\nsection 538 (contribution allowances: plant and machinery).\n(4) A class pool is a pool which may contain expenditure relating to more than one asset.\n(5) The following provide for qualifying expenditure to be allocated to a class pool—\nsection 104C (special rate expenditure);\nsection 107 (overseas leasing).\n(6) Qualifying expenditure may be allocated to the main pool only if it does not fall to be allocated to a single asset pool or a class pool.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in s. 54(3) omitted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1), 29(1) to the amending Act) by virtue of Finance Act 2009 (c. 10), Sch. 11 para. 15 (with Sch. 11 paras. 30-32)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in s. 54(5) substituted (with effect in accordance with Sch. 26 para. 14 of the amending Act) by Finance Act 2008 (c. 9), Sch. 26 para. 3"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/54",
    "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."
}