SCHEDULES

SCHEDULE 22 REMEDIATION OF CONTAMINATED LAND

C1Part 1 DEDUCTION FOR CAPITAL EXPENDITURE

Annotations:
Modifications etc. (not altering text)
C1

Sch. 22 Pt. I applied (11.5.2001) by 1988 c. 1, s. 21A(5) (as inserted (11.5.2001) by 2001 c. 9, s. 70, Sch. 23 para. 1)

9Qualifying expenditure on sub-contracted land remediation

1

The provisions of paragraphs 10 and 11 have effect for determining the amount of the qualifying expenditure of a company (“the company”) on sub-contracted land remediation.

2

For the purposes of this Schedule the company incurs expenditure on sub-contracted land remediation if it makes a payment (a “sub-contractor payment”) to another person (“the sub-contractor”) in respect of relevant land remediation contracted out by the company to that person.