The Landfill Tax (Amendment) Regulations 2016 No. 376

Amendments to the Landfill Tax Regulations 1996

6.  In regulation 32 (qualifying contributions)—

(a) in paragraph (1), for “A payment is a qualifying contribution if”, substitute “Subject to paragraph (1A), a payment is a qualifying contribution if”; and

(b) after paragraph (1), insert—

“(1A) A payment is not a qualifying contribution if it is an investment contribution.”.