Finance Act 2012 (c. 14)

SCHEDULES

SCHEDULE 3 U.K. Relief for expenditure on R&D

Abolition of vaccine research relief for SMEs U.K.

16 (1) Section 1039 (overview of Part 13) is amended as follows. U.K.

F1 (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3) In subsection (7)—

(a) for “Chapters 2 and 7 also provide” substitute “ Chapter 2 also provides ”, and

(b) in paragraph (a), omit “or 7”.

Textual Amendments

F1 Sch. 3 para. 16(2) omitted (with effect in accordance with s. 47(15) of the amending Act) by virtue of Finance Act 2016 (c. 24), s. 47(14)(a)