Commentary on Sections Glossary Structure of Part 4 Section 363: Expenditure on the construction of a building
1250.This section is based on section 133(6) of CAA 1990. It excludes from agricultural buildings allowances expenditure on the acquisition of land or of rights in or over land. As in other Parts, allowances are only given for what depreciates – in this case expenditure on the construction of a building.