INTRODUCTION

Use for qualifying activity of plant or machinery provided for other purposes

11  Subsections (4) and (5) of section 13 do not apply if the plant or machinery was brought into use before 21st March 2000.

Use for qualifying activity of plant or machinery which is a gift

12  Section 14 applies with the insertion after subsection (1) of–

14(1A)  “This section does not apply unless the donor was required by section 24(6) of CAA 1990 to bring into account for the purposes there mentioned a disposal value equal to the price which the plant or machinery would have fetched if sold in the open market at the time of the gift.”,

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