{
  "url": "https://openlegislation.uk/civil-aviation-act-1971/schedule-2/paragraph-9",
  "json_url": "https://openlegislation.uk/civil-aviation-act-1971/schedule-2/paragraph-9.json",
  "legislation": "ukpga/1971/75",
  "legislation_title": "Civil Aviation Act 1971",
  "legislation_url": "https://openlegislation.uk/civil-aviation-act-1971",
  "path": "schedule/2/paragraph/9",
  "kind": "paragraph",
  "number": "9",
  "heading": null,
  "text": "For the purposes of the 1968 c. 3.Capital Allowances Act 1968 (which confers relief from income tax in respect of certain capital expenditure) and Chapter II of Part XI of the 1970 c. 10.Income and Corporation Taxes Act 1970 (which relates to companies' capital gains) the transfer by this Schedule of any assets shall be deemed to be a sale of those assets by the Secretary of State to the Authority in the open market at a price equal to so much of the initial debt as is determined by the Secretary of State to relate to those assets; but no initial allowance shall be made under the said Act of 1968 in respect of any of those assets.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1971/75/schedule/2/paragraph/9",
    "retrieved_at": "2026-10-29T10:49:30.933727+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."
}