{
  "url": "https://openlegislation.uk/capital-allowances-act-2001/section-65",
  "json_url": "https://openlegislation.uk/capital-allowances-act-2001/section-65.json",
  "legislation": "ukpga/2001/2",
  "legislation_title": "Capital Allowances Act 2001",
  "legislation_url": "https://openlegislation.uk/capital-allowances-act-2001",
  "path": "section/65",
  "kind": "section",
  "number": "65",
  "heading": "The final chargeable period",
  "text": "(1) The final chargeable period for—\n(a) the main pool, or\n(b) a special rate pool,\nis the chargeable period in which the qualifying activity is permanently discontinued.\n(2) The final chargeable period for a single asset pool is the first chargeable period in which any disposal event given in section 61(1) occurs.\n(3) Subsection (2) is subject to—\nsection 206(4) (no final chargeable period merely because plant or machinery begins to be used partly for purposes other than those of qualifying activity);\nsections 86(2) and 87(2) (ending of short-life asset pool at relevant cut-off without final chargeable period);\nsection 132(2) (no final chargeable period for single ship pool).\n(4) The final chargeable period for a class pool under section 107 (overseas leasing) is the chargeable period at the end of which the circumstances are such that there can be no more disposal receipts in any subsequent chargeable period.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "S. 65(1)(b) substituted (with effect in accordance with Sch. 26 para. 14 of the amending Act) by Finance Act 2008 (c. 9), Sch. 26 para. 5"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in s. 65(3) substituted (with effect in accordance with Sch. 11 paras. 26, 27, 28(1), 29(1) to the amending Act) by Finance Act 2009 (c. 10), Sch. 11 para. 17 (with Sch. 11 paras. 30-32)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word in s. 65(3) substituted (19.7.2011) by Finance Act 2011 (c. 11), s. 12(3)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2001/2/section/65",
    "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."
}