SCHEDULES

SCHEDULE 7Contaminated and derelict land

Part 1Amendments of Part 14 of CTA 2009

4

1

Section 1144 (“qualifying land remediation expenditure”) is amended as follows.

2

In subsection (1), for “E” substitute “ F ”.

3

In subsection (2), insert at the end “or a derelict state (see section 1145A)”.

4

In subsection (3), after “contaminated” insert “ or derelict ”.

5

For subsection (4) substitute—

4

Condition C is that it is—

a

in the case of land in a contaminated state, expenditure on relevant contaminated land remediation undertaken by the company (see section 1146), or

b

in the case of land in a derelict state, expenditure on relevant derelict land remediation so undertaken (see section 1146A).

6

In subsection (5), for paragraph (c) (and the “or” before it) substitute—

c

incurred in respect of relevant land remediation contracted out by the company to another person with whom the company is not connected, or

d

qualifying expenditure on connected sub-contracted land remediation (see section 1175).

7

After subsection (6) insert—

6A

Condition F is that the expenditure is not incurred on landfill tax.