SCHEDULES

SCHEDULE 22Capital allowances for freeport tax sites

PART 2Structures and buildings allowances

11

1

Section 270EB (multiple uses) is amended as follows.

2

In subsection (2), for “3%” substitute “ the relevant percentage ”.

3

After subsection (3) insert—

3A

For the purposes of subsection (2), “the relevant percentage” means the percentage specified in section 270AA(5).