Paragraph 7
United Kingdom
(1)
In subsection (1) of section 128 (balancing allowances and charges), for “a writing-down allowance” there shall be substituted “ an allowance under this Part ”.
(2)
In subsection (2) of that section, for “this Part less the aggregate of any writing-down allowances” there shall be substituted “ any allowances under this Part less the aggregate of any such allowances ”.
(3)
In subsection (3) of that section, after “purposes of” there shall be inserted “ allowances under ”.
(4)
In subsection (6) of that section, for “writing-down allowances” there shall be substituted “ allowances under this Part ”.