SCHEDULES
SCHEDULE 26Restrictions on buying capital allowances
Extension of restrictions to other qualifying activities
6
(1)
Section 212C (when there is a a qualifying change in relation to C) is amended as follows.
(2)
In subsection (4)—
(a)
after “Condition C is that” insert “
the relevant activity is a trade (within the meaning of this Part) and
”
, and
(b)
for “trade”, where it appears after “the relevant” (in both places), substitute “
activity
”
.
(3)
In subsection (5) for “trade” (in both places) substitute “
activity
”
.