SCHEDULES
SCHEDULE 27Meaning of “offshore installation”
Part 2Minor and consequential amendments
Capital Allowances Act 2001 (c. 2)
9
1
Section 153 of the Capital Allowances Act 2001 (ships that are not qualifying ships) is amended as follows.
2
For subsection (2) substitute—
2
A ship is not a qualifying ship at any time when it is an offshore installation.
3
Omit subsection (3).