Taxation (International and Other Provisions) Act 2010

Part 9 U.K. Oil activities

Regional development grants U.K.

35 U.K. In relation to periods of account (within the meaning given by section 6 of CAA 2001) beginning before 6 April 2011—

(a) section 225K(3)(b) of ITTOIA 2005 has effect as if—

(i) “ , 3 ” were inserted after “Part 2”, and

(ii) “ , industrial buildings ” were inserted after “machinery”, and

(b) section 225L(3) and (7) of that Act have effect as if “ , 3 ” were inserted after “Part 2”.

Reimbursement by defaulter in respect of certain abandonment expenditure U.K.

36 (1) If article 10 of the 2009 Order applies, section 225T(5) of ITTOIA 2005 has effect at times before 1 April 2012 as if for “4” there were substituted “ 6 ”. U.K.

(2) In sub-paragraph (1) “the 2009 Order” means the Finance Act 2008, Schedule 39 (Appointed Day, Transitional Provision and Savings) Order 2009 (S.I. 2009/403).