[F1299 Application of section 294U.K.
This section has no associated Explanatory Notes
If—
(a)capital expenditure is incurred on the construction of an EZ building, and
(b)the expenditure is incurred within the time limit,
the qualifying expenditure given by section 294 is qualifying enterprise zone expenditure.]
Textual Amendments
F1Pt. 3 omitted (with effect in relation to chargeable periods beginning on or after 1.4.2011 for corporation tax purposes and 6.4.2011 for income tax purposes in accordance with ss. 84(1)(3)(4), 85, 86 of the amending Act) by virtue of Finance Act 2008 (c. 9), s. 84(2) (with Sch. 27)