OpenLegislation

Paragraph 1

Original text. Later amendments are not shown.

Expenditure of a capital nature is expenditure on, or in connection with—

(a)

the acquisition, reclamation, improvement or laying out of any land;

(b)

the acquisition, construction, enlargement, improvement, repair or demolition of any building, wall, fence or other structure, or any playground or other hard-standing;

(c)

the laying out of playing fields and other facilities for social activities and physical recreation; or

(d)

the acquisition, installation or replacement of any furniture, plant, machinery, apparatus, vehicles, vessels and equipment,

used or intended to be used for the purposes of a school.