Page 9 - Capital Allowances Recoupments Part 1 (CTA)

Section 11(e) is subject to:

- par 12(2) of First Schedule

- s 12B

- s 12C

- s 12E(1)

- Seller retaining ownership when sold

ito par (a) of an instalment credit

agreement as defined in the VAT-Act =

suspensive sale

- Building/permanent structure of a

permanent nature (exception?)

Thus: No s 11(e) allowance if one of the above applies!