# Finance Act 2014, Paragraph 8


In section 99 of CAA 2001 (long-life assets: the monetary limit)—
(a) in subsection (4)—
(i) for “If, in a chargeable period, a company has one or more associated companies” substitute “ In the case of a company (“C”), if, in a chargeable period, one or more companies are related 51% group companies of C ”, and
(ii) for “number of associated” substitute “ number of related 51% group ”, and
(b) omit subsection (5).

---
Source: https://www.legislation.gov.uk/ukpga/2014/26/schedule/1/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-2014/schedule-1/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.