(1) a qualifying activity1 has been set up and is at any time carried on in partnership;
(2) there has been a change in the persons carrying on the qualifying activity; and
(3) if the activity is a trade2 or property business3, either the person or company carrying on the trade or business in partnership immediately before the change continues to carry it on in partnership after the change,
(a) any annual investment allowance4, first-year allowance5 or writing-down allowance6 must be made to the present partners7; and the amount of any such allowance must be calculated as if
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