Part 5 Mineral extraction allowances
Chapter 5 Other kinds of qualifying expenditure
416ZDF1Restriction on allowance available
1
In determining how much of the consideration for the service is qualifying expenditure, there is to be left out of account the amount (if any) by which that consideration exceeds D.
2
D is the cost to S of providing the service or, if the qualifying expenditure relates to only part of the service, that part.
3
Subsection (2) is subject to—
a
subsection (4), and
b
section 416ZE,
which provide for D to be calculated differently in certain circumstances.
4
The following provisions apply in relation to an amount restricted under subsection (1) as they apply in relation to an amount restricted under section 165B(1)—
a
section 165C;
b
section 165E, subject to the modifications in subsection (5).
5
The modifications are that—
a
the references to Part 2 are to be read as references to this Part,
b
in subsection (1)(c), the reference to decommissioning expenditure is to be read as a reference to qualifying expenditure under section 416ZA, and
c
in subsection (5), the reference to R's available qualifying expenditure is to be read as a reference to R's qualifying expenditure on the restoration of the site.
6
But if, under the arrangement, a particular service or part of a service is provided by more than one person who is connected with R (so that without this subsection there would be more than one amount for D in relation to that service or part), D is the lowest of those amounts.