{
  "url": "https://openlegislation.uk/greater-london-authority-act-1999/schedule-33/paragraph-12",
  "json_url": "https://openlegislation.uk/greater-london-authority-act-1999/schedule-33/paragraph-12.json",
  "legislation": "ukpga/1999/29",
  "legislation_title": "Greater London Authority Act 1999",
  "legislation_url": "https://openlegislation.uk/greater-london-authority-act-1999",
  "path": "schedule/33/paragraph/12",
  "kind": "paragraph",
  "number": "12",
  "heading": null,
  "text": "(1) Nothing in—\n(a) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(b) section 176(2) or (3) of that Act, or\n(c) sections 67 and 68. of that Act,\nshall, by reason only of any provision made by or under a PPP agreement, affect the entitlement of any company to capital allowances in respect of capital expenditure incurred by it.\n(2) Where, in accordance with any provision made by or under a PPP agreement, any machinery or plant in respect of which a company has been entitled to allowances under Part 2 of the Capital Allowances Act 2001 falls to be transferred, on the expiration of the term of the PPP agreement, from the company—\n(a) to a relevant body, or\n(b) to such other body or person as a relevant body may specify in accordance with the PPP agreement,\nthe disposal constituted by that transfer shall be deemed for the purposes of that Part to be for a nil consideration, notwithstanding item 7 in the Table in section 61(2) of that Act.",
  "extent": "E+W+S",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words in Sch. 33 para. 12(1)(a) repealed (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, ss. 578, 580, Sch. 2 para. 105(9)(a), Sch. 4"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in Sch. 33 para. 12(1)(b) substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, s. 578, Sch. 2 para. 105(9)(b)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 33 para. 12(1)(c) substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, s. 578, Sch. 2 para. 105(9)(c)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 33 para. 12(2) substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, s. 578, Sch. 2 para. 105(10)(a)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Words in Sch. 33 para. 12(2) substituted (22.3.2001 with effect as mentioned in s. 579(1) of the amending Act) by 2001 c. 2, s. 578, Sch. 2 para. 105(10)(b)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1999/29/schedule/33/paragraph/12",
    "retrieved_at": "2026-10-29T09:21:45.840103+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}