SCHEDULES

SCHEDULE 16Freeport tax site reliefs: provision about regulations

PART 1First-year allowance for plant and machinery

4

1

Section 570B of CAA 2001 (orders and regulations made by Treasury or Commissioners) is amended as follows.

2

In subsection (3), after “section 45P,” insert “45R,”.

3

In subsection (4), after “section 45P” insert “, 45R”.