SCHEDULES
SCHEDULE 39Repeal of miscellaneous reliefs etc
PART 5Capital allowances
Flat conversion allowances
42
1
Nothing in paragraph 37 or 40(1) is to affect the operation of—
a
section 393I of CAA 2001 (withdrawal of allowance if flat not qualifying flat or if relevant interest sold before flat first let), or
b
sections 393M to 393P of CAA 2001 (balancing adjustments),
for chargeable periods beginning on or after the relevant date in relation to expenditure incurred before that date.
2
The relevant date is—
a
for corporation tax purposes, 1 April 2013, and
b
for income tax purposes, 6 April 2013.