# Finance Act 1997, Paragraph 3

Extent: E+W+S+N.I.

In section 37(1), after paragraph (b) (election to treat assets as short-life assets), there shall be inserted the following paragraph—
“(ba) the expenditure is not expenditure to which Chapter IVA of this Part applies; and”.

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Source: https://www.legislation.gov.uk/ukpga/1997/16/schedule/14/paragraph/3 (the official version)
Page: https://openlegislation.uk/finance-act-1997/schedule-14/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.