单词 | capital allowance |
释义 | capital allowance In order to claim a capital allowance, the asset for which the allowance is claimed must belong to the person in consequence of a payment (Capital Allowances Act 2002 s 167–70). The courts have interpreted the word “belong” by reference to concepts of property law. In Stokes v Costain Property Investment Ltd [1984] 1 All ER 849 the Court of Appeal held that the tenant was not able to claim capital allowances for a lift installed by the tenant as, under general landlord principles, the act of installing the lift made the lift the property of the landlord. A similar decision on fixtures was given in Melluish v BMI(3) Ltd [1995] 4 All ER 453 (CA). |
随便看 |
|
法律词典收录了4854条英汉双解法律词条,基本涵盖了常用法律英语单词及短语词组的翻译及用法,是法律学习的有利工具。