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6(1)Subsection (3)(a) of section 27 of that Act (maintenance funds for historic buildings), except where it is applied for the purposes of corporation tax, shall be construed subject to subsection (2A) of section 26 (as deemed to be inserted by paragraph 5 above) and shall have effect as if—
(a)in the words before sub-paragraph (i), for “rents” there were substituted “receipts”;
(b)in sub-paragraph (i), for the words from “payments” to “section 25” there were substituted “disbursements or expenses of the trustees of the settlement which relate to the other part of the estate and which would be so deductible”; and
(c)for sub-paragraph (ii) there were substituted the following sub-paragraph—
“(ii)any disbursements or expenses of the owner of the other part of the estate to the extent to which they cannot be deducted by him in the chargeable period in which they are incurred because of an insufficiency of any receipts for that period from which they are deductible apart from this sub-paragraph.”
(2)Subsection (3)(b) of that section shall have effect, except where it is so applied, as if for “under section 33” there were substituted “by virtue of section 379A(2)(b)”.
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