Finance Act 2012

Land in disadvantaged areas

8 (1) Section 57 of, and Schedule 6 to, FA 2003 (disadvantaged areas relief) are repealed.

(2) In consequence of the provision made by sub-paragraph (1), omit the following provisions—

(a) in section 360C of CAA 2001, subsection (2)(b) (and the “or” before it);

(b) in FA 2003—

(i) section 112(2),

(ii) in Schedule 15, paragraph 26, and

(iii) in paragraph 18A of Schedule 17A, sub-paragraph (5)(b) (and the “or” before it);

(c) in FA 2004, section 298(5);

(d) in FA 2005—

(i) section 96, and

(ii) in Schedule 9, paragraphs 1 and 4;

(e) in FA 2008—

(i) section 95(6),

(ii) in Schedule 30, paragraph 6, and

(iii) in Schedule 31, paragraphs 4 and 9;

(f) in Schedule 22 to FA 2011, paragraph 4.

(3) In Schedule 15 to FA 2003, in paragraph 25(2), for “paragraphs 26 to 28” substitute “paragraphs 27 and 28”.