Section 1173 — Corporation Tax Act 2009: Expenditure incurred because of contamination or dereliction

Expenditure incurred because of contamination or dereliction 1173 1 This section applies to identify cases in which the condition in section 1144(3) is to be treated as met (expenditure incurred because land in contaminated or derelict state).

2 If the only reason that expenditure on the land is increased is that the land is in a contaminated or derelict state, the amount by which the expenditure is increased is to be treated as expenditure meeting the condition in section 1144(3).

3 Subsection (4) applies—

a in the case of land in a contaminated state, if the main purpose of any activities is any of those specified in section 1146(3), or b in the case of land in a derelict state, if the main purpose of any activities is any of those specified in section 1146A(3).

4 Expenditure on such works, operations or steps is to be treated as meeting the condition in section 1144(3).

5 This section does not affect the width of the provision made by section 1144(3).