Capital Allowances. (a) No balancing charge in respect of any capital allowances claimed or given would have arisen if all the assets of the Company had been realised on the Accounts Date for a consideration equal to the amount of the book value thereof as shown or included in the Accounts. (b) The Company has not since the Accounts Date become liable for any balancing charge.
Appears in 1 contract
Sources: Share Purchase Agreement (Big Flower Press Holdings Inc)
Capital Allowances. (a) 8.21.1 No balancing charge in respect of any capital allowances claimed or given would have arisen arise if all the any assets of the Company had been were to be realised on the Accounts Date for a consideration equal to the amount of the book value thereof as shown or included in the Principal Accounts.
8.21.2 All necessary conditions for all capital allowances (bas defined in section 832(1) The of the ICTA) claimed by the Company were at all material times satisfied and remain satisfied and the Company has not since the Last Accounts Date become liable for any balancing charge.
Appears in 1 contract
Capital Allowances. (a) No balancing charge in respect of any capital allowances claimed or given would have arisen arise if all the any assets of the Company had been were to be realised on the Accounts Date for a consideration equal to the amount of the book value thereof as shown or included in the Accounts.
(b) The All necessary conditions for all capital allowances (as defined in Section 832(1) T.
A.) claimed by the Company were at all material times satisfied and remain satisfied and the Company has not since the Accounts Date become liable for any balancing charge.
Appears in 1 contract
Capital Allowances. (a) No balancing charge in respect of any capital allowances claimed or given would have arisen arise if all the any assets of the Company had been were to be realised on the Accounts Date for a consideration equal to the amount of the book value thereof as shown or included in the Accounts.
(b) The All necessary conditions for all capital allowances (as defined in Section 832(1) T.A.) claimed by the Company were at all material times satisfied and remain satisfied and the Company has not since the Accounts Date become liable for any balancing charge.
Appears in 1 contract