568 Deductions from profits of contributions paid under certified schemes
Income and Corporation Taxes Act 1988 (1988 c 1) | Legislation

Chapter V
Schemes for Rationalizing Industry

568  Deductions from profits of contributions paid under certified schemes

(1)     Notwithstanding anything contained in . . . [. . . or section 33 of ITTOIA 2005] [or section 53 of CTA 2009 (no deduction for capital expenditure)] but subject to the following provisions of this Chapter, where a person pays, wholly and exclusively for the purposes of a trade in respect of which he is chargeable [under Part 2 of ITTOIA 2005 or Part 3 of CTA 2009,] a contribution in furtherance of a scheme which is for the time being certified by the Secretary of State under this section, the contribution

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