SCHEDULES

SCHEDULE 21First-year allowances for expenditure wholly for a ring fence trade

Part 1Plant and machinery

5General exclusions affecting first-year qualifying expenditure

In section 46, in subsection (1) (expenditure which is subject to the general exclusions) after the entry relating to section 45E (which is added by Schedule 20 to this Act) add

, or

section 45F

(expenditure on plant and machinery for use wholly in a ring fence trade).