SCHEDULES
SCHEDULE 26Restrictions on buying capital allowances
Extension of restrictions to other qualifying activities
12
1
Section 212Q (when there are postponed capital allowances) is amended as follows.
2
In subsection (3)—
a
for “a trade (or part of a trade)” substitute “
a qualifying activity (or part of a qualifying activity)
”
,
b
for “the activities of that trade (or part of a trade)” substitute “
that activity (or that part of an activity)
”
,
c
after “its trade” insert “
or business
”
,
d
for “those activities” substitute “
that activity (or that part)
”
, and
e
after “separate trade” insert “
or business
”
.
3
In subsection (4)—
a
after “section 37” insert “
, 62 or 66
”
, and
b
after “CTA 2010” insert “
or section 259 or 260(3) of this Act
”
.