The Capital Allowances (Designated Assisted Areas) Order 2014

• Citation: S.I. 2014/3183
• Sections: 2

Section 1 Citation, commencement, effect and interpretation

(1) This Order may be cited as the Capital Allowances (Designated Assisted Areas) Order 2014.

(2) This Order comes into force on 23rd December 2014 and an area designated by this Order is to be treated as having been designated on 1st April 2012.

(3) In this Order “ Capital Allowances Act ” means the Capital Allowances Act 2001.

Section 2 Designation of areas

(1) The areas shown enclosed by a red line on the map of a scale of 1:1250 included in the schedule to each memorandum of understanding described in paragraph (2) are designated as designated assisted areas for the purposes of section 45K of the Capital Allowances Act (expenditure on plant and machinery for use in designated assisted areas).

(2) In paragraph (1) references to a “memorandum of understanding” are to a memorandum of understanding entered into for the purposes of section 45K of the Capital Allowances Act by the Treasury with the responsible authority listed in column 1 of the table in the Schedule to this Order on the date listed in column 2 of that table.

(3) Each memorandum of understanding referred to in paragraph (2) is kept at the offices of HM Treasury at 1 Horse Guards Road, London SW1A 2HQ, where they (or a copy of them) may be inspected by members of the public at reasonable hours without charge.