Capital Allowances Act 2001 section 51I

Qualifying activities: meaning of control

Section 51I defines what it means for a person to "control" a qualifying activity for the purposes of the annual investment allowance rules, and establishes the rules for individuals and partnerships.

• A person controls a qualifying activity in a tax year if they control it at the end of the relevant chargeable period ending in that year.
• An individual who carries on a qualifying activity is automatically treated as controlling it.
• A qualifying activity carried on by a partnership is controlled by whoever controls that partnership, as defined in section 574(3).
• Where the same group of partners controls two or more partnerships, the qualifying activities of those partnerships are treated as being controlled by the same person.