Capital Allowances Act 2001 section 159

Meaning of "mineral extraction trade" etc

Section 159 defines two key terms used throughout this chapter by referring to the definitions already established in Part 5 of the Act, which deals with mineral extraction allowances.

• The term "mineral extraction trade" has the same meaning as set out in section 394(2) of the Act
• The term "mineral exploration and access" has the same meaning as set out in section 396 of the Act
• Both definitions are imported from Part 5, which deals specifically with mineral extraction allowances
• This ensures consistent use of terminology across different parts of the capital allowances legislation