|
|
Construction of references to amount still unallowed.
|
36.—References in this Chapter to the amount still unallowed as at any time of any expenditure on the provision of machinery or plant shall be construed as references to the amount of that expenditure less—
|
|
| |
(a) any initial allowance made or deemed under this Chapter to have been made in respect thereof to the person who incurred it,
|
|
| |
(b) any wear and tear allowances made or deemed under this Chapter to have been made to him in respect of the machinery or plant on the provision of which the expenditure was incurred, being allowances for the year of assessment in the basis period for which the time in question falls or for any previous year of assessment,
|
|
| |
(c) any scientific research allowance made to him in respect of the expenditure, and
|
|
| |
(d) any balancing allowance made to him in respect of the expenditure.
|
