§ Amendments made:
§
No. 55, in page 42, line 2, at end insert:
'subject to subsection (2A) below'.
§
No. 56, in line 10, at end insert:
(2A) Where an allowance falling to be made for any chargeable period by virtue of section 43(1) above is in respect of expenditure on the provision of machinery or plant which for the whole or any part of that period or its basis period is not used for the purposes of a trade carried on by the lessee, that allowance or, as the case may require, a proportionate part thereof shall be available primarily against income from the letting of that machinery or plant only.
§
No. 57, in line 17, at end insert:
Provided that, where an allowance falling to be made for any chargeable period by virtue of section 43(1) above is in respect of expenditure on the provision of machinery or plant which for the whole or any part of that
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period or its basis period is not used for the purposes of a trade carried on by the lessee, the proviso to subsection (1) of the said section 71 or, as the case may be, subsection (4) of the said section 74 shall not apply to that allowance or, as the case may require, to a proportionate part thereof.—[Mr. Higgins.]