Part 3Property income
Chapter 5Profits of property businesses: other rules about receipts and deductions
Deductions for expenditure on energy-saving items
314Regulations
1
In relation to any deduction under section 312, the Treasury may make regulations for—
a
restricting or reducing the amount of expenditure for which the deduction is allowable,
b
excluding entitlement to the deduction in such cases as may be specified in, or determined in accordance with, the regulations,
c
determining who is (and is not) entitled to the deduction if different persons have different interests in land that consists of or includes the whole or part of a building containing one or more dwelling-houses,
d
making apportionments if the property business is carried on by persons in partnership or an interest in land is beneficially owned by persons jointly or in common.
2
The apportionments that may be made include apportionments to companies within the charge to corporation tax.
F13
Regulations under this section may—
a
make different provision for different cases, and
b
contain incidental, supplemental, consequential and transitional provision and savings (including provision as to appeals in relation to apportionments mentioned in subsection (1)(d)).