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
(1)This section applies to identify cases in which the condition in section 1144(3) is to be treated as met (expenditure incurred because land in contaminated [F3or derelict] state).
(2)If the only reason that expenditure on the land is increased is that the land is in a contaminated [F4or derelict] state, the amount by which the expenditure is increased is to be treated as expenditure meeting the condition in section 1144(3).
[F5(3)Subsection (4) applies—
(a)in the case of land in a contaminated state, if the main purpose of any activities is any of those specified in section 1146(3), or
(b)in the case of land in a derelict state, if the main purpose of any activities is any of those specified in section 1146A(3).]
(4)Expenditure on such works, operations or steps is to be treated as meeting the condition in section 1144(3).
(5)This section does not affect the width of the provision made by section 1144(3).
Textual Amendments
F2Words in s. 1173 inserted (with effect in accordance with Sch. 7 paras. 27, 28 of the amending Act) by Finance Act 2009 (c. 10), Sch. 7 para. 17(4)
F3Words in s. 1173(1) inserted (with effect in accordance with Sch. 7 paras. 27, 28 of the amending Act) by Finance Act 2009 (c. 10), Sch. 7 para. 17(2)
F4Words in s. 1173(2) inserted (with effect in accordance with Sch. 7 paras. 27, 28 of the amending Act) by Finance Act 2009 (c. 10), Sch. 7 para. 17(2)
F5S. 1173(3) substituted (with effect in accordance with Sch. 7 paras. 27, 28 of the amending Act) by Finance Act 2009 (c. 10), Sch. 7 para. 17(3)