Finance Act 2012

Safety at sports grounds U.K.

33 U.K. The following provisions of Part 2 of CAA 2001 (plant and machinery allowances) are repealed—

(a) section 30 (safety at designated sports grounds),

(b) section 31 (safety at regulated stands at sports grounds), and

(c) section 32 (safety at other sports grounds).

34 (1) In consequence of the provision made by paragraph 33, CAA 2001 is amended as follows. U.K.

(2) In section 23(2) (expenditure unaffected by sections 21 and 22), omit—

(a) the entry relating to section 30,

(b) the entry relating to section 31, and

(c) the entry relating to section 32.

(3) In section 27 (application of Part 2 to thermal insulation, safety measures, etc)—

(a) in subsection (1)(a), for “any of sections 28 to 33” substitute “ section 28 or 33 ”, and

(b) in the heading, for “, safety measures, etc” substitute “ and personal security ”,

and, in the italic heading before that section, for “, safety measures, etc” substitute “ and personal security ”.

35 U.K. The amendments made by paragraphs 33 and 34 have effect—

(a) for corporation tax purposes, in relation to expenditure incurred on or after 1 April 2013, and

(b) for income tax purposes, in relation to expenditure incurred on or after 6 April 2013.