Part 14U.K.Remediation of contaminated [F1or derelict] land

Textual Amendments

F1Words in Pt. 14 heading inserted (with effect in accordance with Sch. 7 paras. 27, 28 of the amending Act) by Finance Act 2009 (c. 10), Sch. 7 para. 2

Textual Amendments

F2Words in Pt. 14 Ch. 4 heading substituted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 16 para. 195

Textual Amendments

F3Words in s. 1164 cross-heading substituted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 16 para. 200

(1)A company is entitled to [F4a BLAGAB tax credit] for an accounting period if it has a [F5qualifying BLAGAB loss] in the period (see section 1165).

(2)For the company to obtain [F6a BLAGAB tax credit] in respect of all or part of the [F7qualifying BLAGAB loss] it must make a claim.

(3)The amount of [F8a BLAGAB tax credit] to which the company is entitled is determined in accordance with section 1166.

(4)See also section 1168, which restricts the carry forward of expenses payable where a company claims [F9a BLAGAB tax credit].

Textual Amendments