Part 14

Remediation of contaminated or derelict land
Chapter 6

Supplementary

Expenditure incurred because of contamination or dereliction
1173
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 or derelict state).
2
If the only reason that expenditure on the land is increased is that the land is in a contaminated or derelict state, the amount by which the expenditure is increased is to be treated as expenditure meeting the condition in section 1144(3).
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).
Words 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
Words 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)
Words 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)
S. 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)
Words 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)