(1) This Chapter applies notwithstanding any other provision of the Tax Acts.
"active partner" has the same meaning as in section 409A;
"active trader" has the same meaning as in section 409D;
"area-based capital allowance" means any allowance, or part of such allowance, made under Chapter 1 of Part 9 as that Chapter is applied - (a) by section 323, 331, 332, 341, 342, 343, 344, 352, 353, 372C, 372D, 372M, 372N, 372V, 372W, 372AC, 372AD, 372AAC or 372AAD for a chargeable period, or (b) by virtue of paragraph 11 of Schedule 32 for a chargeable period including any such allowance, or part of any such allowance, made for a previous chargeable period and carried forward from that previous chargeable period in accordance with Part 9;
"balancing allowance" and "balancing charge" mean any allowance or charge, as the case may be, made under section 274;
"capital allowance" means any allowance, or part of such allowance, specified in the definition of 'area-ba
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