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Paragraph 2

United Kingdom

(1)

In subsection (1) of section 124 (expenditure qualifying for allowances)—

(a)

for “this Part, including” there shall be substituted “ writing-down allowances or ”; and

(b)

in paragraph (b), for “this Part” there shall be substituted “ writing-down allowances or, as the case may be, section 122 ”.

(2)

In subsection (2) of that section, for “this Part” there shall be substituted “ writing-down allowances ”.

Notes on Schedule 12

Textual amendments

F1

Sch. 12 repealed (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, s., 580, Sch. 4