PART 2A

STRUCTURES AND BUILDINGS ALLOWANCES
CHAPTER 8

GIVING EFFECT TO ALLOWANCES

Long-term business

Application of sections 270HG and 270HH
270HF
1
Sections 270HG and 270HH apply if a company which is carrying on any long-term business is entitled to an allowance under this Part for a chargeable period in respect of a relevant interest in a building or structure consisting of a management asset.
2
In this section and section 270HG, “management asset” has the same meaning as in Chapter 1 of Part 12 (long-term business).
S. 45H(2) modified (with effect in accordance with s. 167 of the amending Act) by Finance Act 2003 (c. 14) , Sch. 30 para. 7
Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2