EXPENDITURE INCURRED BEFORE 1ST APRIL 1986

Scope of paragraphs 93 to 101

Related Commentary  Related HMRC Manuals

92(1)  Paragraphs 93 to 101 apply to capital expenditure incurred by a person before 1st April 1986 on the purchase of patent rights.

92(2)  Chapters 2 to 4 of Part 8 do not apply to such expenditure, except for certain provisions which are specifically applied by paragraph 101.

Qualifying expenditure and unrelieved qualifying expenditure

93(1)  In this paragraph and paragraphs 94 to 101, “qualifying expenditure”  means capital expenditure incurred before 1st April 1986 on the purchase of patent rights.

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