Capital Allowances Act 2001 section 108

Conditions for allowances

Section 108 modifies the conditions for contribution allowances where contributions were made before 27th July 1989, by disapplying certain requirements that would otherwise need to be met.

• This provision applies only to contributions made before 27th July 1989
• It modifies how section 536(5) operates when applied for the purposes of section 537(2), which sets out conditions for contribution allowances
• Two specific requirements are disapplied: paragraph (a)(iv) and paragraph (b) of section 536(5)
• The effect is that contributors who made payments before that date face fewer conditions to satisfy in order to qualify for contribution allowances