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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 15 May 2002 - onwards
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34. Capital allowances for certain sports injuries clinics.

(1) Chapter 1 of Part 9 of the Principal Act is amended -

(a) in section 268 -

(i) in subsection (1) -

(I) by deleting "or" where it last occurs in paragraph (i) and by substituting "qualifying hospital, or" for "qualifying hospital," in paragraph (j), and

(II) by inserting the following after paragraph (j):

"(k) for the purposes of a trade which consists of the operation or management of a qualifying sports injuries clinic,",

(ii) by inserting the following after subsection (1A) (inserted by this Act):

"(1B) Where the relevant interest in relation to capital expenditure incurred on the construction of a building or structure in use for the purposes specified in subsection (1)(k) is held by -

(a) a company,

(b) the trustees of a trust,

(c) an individual who is involved in the operation or management of the qualifying sports injuries clinic concerned either as an employee or director or in any other capacity, or

(d) a property developer (within the meaning of section 372A), in the case

Comparing proposed amendment...