Commentary on Sections Example 3 £150(Pe) – £50(E) = £100 Section 115: Meaning of “car” and “van”
431.This section defines “car” and “van” and related terms for the purposes of this Chapter. The section derives from parts of sections 168(5) and 168(5A) of ICTA.
432.Subsection (1) defines “car” and “van”.
433.Subsection (2) defines terms relevant only to the definitions of “car” and “van”, so that all such terms are located together.