1147 Deduction for capital expenditure
Corporation Tax Act 2009 (2009 c 4) | Legislation

Chapter 2
Reliefs for Expenditure on Contaminated [or Derelict] Land

1147  Deduction for capital expenditure

(1)     A company is entitled to relief for an accounting period if conditions A, B and C are met.

(2)     Condition A is that [a major interest in] land in the United Kingdom is, or has been, acquired by the company for the purposes of a UK property business or a trade carried on by it.

[(3)     Condition B is that—

(a)     in the case of land in a contaminated state, the land was in a contaminated state at the

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