CAA 2001 definition
Examples of CAA 2001 in a sentence
Buyer’s Conveyancer: Dechert LLP, ▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇ ▇▇▇ (Ref: D Gervais) · CAA 2001: Capital Allowances ▇▇▇ ▇▇▇▇.
The Seller and the Buyer will, on Completion, make a joint election under section 198 of the CAA 2001 in accordance with the provisions of Schedule 2 of this agreement.
In the last 6 years the Company has not claimed first-year tax credits within the meaning of Schedule A1 of CAA 2001, business renovation allowances under Part 3A of CAA 2001, flat conversion allowances under Part 4A of CAA 2001 or owned at the Accounts date any asset which, if disposed of at the date of this Agreement for consideration equal to its net book value as included in the Accounts, would give rise to a balancing charge or clawback of allowances in excess of £10,000.
Schedule 4.10(m) contains full details of all capital allowances to which the Company is entitled under Chapter 14 of Part 2 of CAA 2001 (Fixtures).
After the introduction of sections 228A to 228J CAA 2001 transitional provisions at paragraph 6 schedule 23 FA 2004 were enacted to allow parties to a sale and finance leaseback to unwind the transaction without incurring the section 228C CAA 2001 charge provided that certain conditions are satisfied.