Taxes Consolidation Act, 1997
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sec0380T.html
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(1) Where an allowance under section 380T(1)(b) or
380U(1)(b)
380U(b) has been made to any person in respect of expenditure incurred on the provision of machinery or plant or on the construction
of a building or structure and the machinery or plant or building or structure is sold by that person without the machinery
or plant or building or structure having been used by that person for the purposes of a relevant trade or before the expiration
of the period of 2 years from the day on which the machinery or plant or, as the case may be, the building or structure, began
to be so used, then the allowance under those sections shall be withdrawn and
all such additional assessments and adjustments of assessments
all such assessments and amendments of assessments shall be made as may be necessary for or in consequence of the withdrawal of the allowance.
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Taxes Consolidation Act, 1997
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sec0380U.html
|
(1) Where an allowance under section 380T(1)(b) or
380U(1)(b)
380U(b) has been made to any person in respect of expenditure incurred on the provision of machinery or plant or on the construction
of a building or structure and the machinery or plant or building or structure is sold by that person without the machinery
or plant or building or structure having been used by that person for the purposes of a relevant trade or before the expiration
of the period of 2 years from the day on which the machinery or plant or, as the case may be, the building or structure, began
to be so used, then the allowance under those sections shall be withdrawn and
all such additional assessments and adjustments of assessments
all such assessments and amendments of assessments shall be made as may be necessary for or in consequence of the withdrawal of the allowance.
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