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
”
.