2353.This section contains a signpost to section 4 of CAA which defines “capital expenditure” and “capital sums”. It is based on section 532 of ICTA and section 4 of CAA.
2354.Section 532 of ICTA provides that sections 524 to 529 and 531 to 533 of ICTA are to be treated as if those provisions had been contained in CAA.
Commentary on Sections Structure of Chapters Overview Section 608: Meaning of “capital sums” etc.