# Finance Act 2016, Section 69: Capital allowances: designated assisted areas


In section 45K of CAA 2001 (expenditure on plant and machinery for use in designated assisted area), in subsection (1)(b) (condition that expenditure is incurred in the period of 8 years beginning with 1 April 2012), for “1 April 2012” substitute “ the date on which the area is (or is treated as) designated under subsection (2)(a) ”.

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Source: https://www.legislation.gov.uk/ukpga/2016/24/section/69 (the official version)
Page: https://openlegislation.uk/finance-act-2016/section-69
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.