Commentary on Sections Glossary History Overview
947.This Chapter introduces industrial buildings allowances.
948.Section 271 sets out the basic requirements for industrial buildings allowances and who gets them. It defines “industrial building”.
949.Section 272 identifies some expenditure which is regarded as expenditure on the construction of a building and some which is not.
950.Section 273 provides for some expenditure on preparation of a site for plant or machinery to be treated as expenditure on the construction of a building.