Qualifying assetsU.K.
12(1)Section 98 of the Finance Act 1999 (c. 16) is amended as follows.U.K.
(2)After the words “tariff receipts”, in each place where they occur, insert “ , tax-exempt tariffing receipts ”.
(3)After subsection (6) insert—
“(6A)In relation to tax-exempt tariffing receipts, any reference in this section—
(a)to being attributable to a field for a period, or
(b)to being referable to an asset,
shall be construed as if tax-exempt tariffing receipts were tariff receipts (and expenditure were or had been allowable accordingly).”.