No liability to corporation tax arises under this Chapter in respect of a payment which meets conditions A and B.

Condition A is that the payment is made, in consequence of a reduction in pool betting duty, by a person liable to that duty.

Condition B is that the payment is in order to meet (directly or indirectly) capital expenditure incurred in improving the safety or comfort of spectators at a ground to be used for the purposes of playing association football.