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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 26 June 2006 - onwards
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30. Capital allowances for industrial and commercial premises in urban renewal areas and commercial premises on living over the shop streets.

(1) Chapter 7 of Part 10 of the Principal Act is amended -

(a) in section 372A -

(i) in subsection (1), in the definition of "qualifying period" -

(I) in paragraph (a):

(A) by substituting "31 December 2006, or" for "31 July 2006," in subparagraph (ii); and

(B) by inserting the following after subparagraph (ii):

"(iii) where subsections (1A) and (3) apply, 31 July 2008,",

(II) in paragraph (b):

(A) by substituting "31 December 2006, or" for "31 July 2006;" in subparagraph (ii); and

(B) by inserting the following after subparagraph (ii):

"(iii) where subsections (1B) and (3) apply, 31 July 2008;",

and

(ii) by inserting the following after subsection (2):

"(3) Subject to paragraphs (a) and (b) of section 270(7), this subsection shall apply in relation to the construction or refurbishment of a building or structure or a part of a building or structure which fronts on to a qualifying street or the site of which is wholly within a qualifying area where -

(a) the person who is constructing o

Comparing proposed amendment...