1.   Already, Harrington has ordered a halt to spending for new equipment.

2.   But I was as susceptible as any other golfer and loved to look at new equipment.

3.   Companies can plough back their profits into new equipment.

4.   Deductions for capital investments in new equipment and facilities would be immediate, instead of spread out over time.

5.   Electrical systems had to be updated to install all the new equipment, which also includes a couple of freezers.

6.   Finally the salvage value of the new equipment at the end of its expected useful life is reflected.

7.   For refiners, it required a big capital investment in new equipment.

8.   Fund-holders can spend any budget savings on things such as new equipment, extra rooms and extra staff.

9.   Head office must approve any order for new equipment.