The Finance Act 2004, Sections 38 to 40 and 45 and Schedule 6 (Consequential Amendment of Enactments) Order 2004

Qualifying activities

This section has no associated Explanatory Memorandum

52.—(1) Section 15 of the Capital Allowance Act 2001(1) is amended as follows.

(2) In subsection (1) (which specifies activities which are qualifying activities for the purposes of Part 1 of that Act) for paragraph (g) (management of investment company) substitute—

(g) managing the investments of a company with investment business,.