# Finance Act 2013, Section 70: First-year allowance to be available for ships and railway assets


(1) In section 46(2) of CAA 2001 (general exclusions from first-year allowance), omit—
(a) general exclusion 3 (ships), and
(b) general exclusion 4 (railway assets),
and the italicised headings preceding them.
(2) The amendments made by this section have effect for expenditure incurred on or after 1 April 2013.

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Source: https://www.legislation.gov.uk/ukpga/2013/29/section/70 (the official version)
Page: https://openlegislation.uk/finance-act-2013/section-70
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.