Part IIIIncome Tax, Corporation Tax and Capital Gains Tax

Chapter IIncome Tax and Corporation Tax

Rents and other receipts from land

39Land managed as one estate and maintenance funds for historic buildings

Sections 26 and 27 of the Taxes Act 1988 (deductions from rent: land managed as one estate and maintenance funds for historic buildings) shall cease to have effect—

(a)

for income tax purposes, on and after 6th April 2001;

(b)

for corporation tax purposes, for accounting periods beginning on or after 1st April 2001.