Section 253 — Corporation Tax Act 2009: Regulations

Regulations 253 1 In relation to any deduction under section 251, the Treasury may make regulations for—

a restricting or reducing the amount of expenditure for which the deduction is allowable, b excluding entitlement to the deduction in such cases as may be specified in, or determined in accordance with, the regulations, c determining who is (and is not) entitled to the deduction if different persons have different interests in land that consists of or includes the whole or part of a building containing one or more dwelling-houses, d making apportionments if the property business is carried on by persons in partnership or an interest in land is beneficially owned by persons jointly or in common.

2 The apportionments that may be made include apportionments to persons within the charge to income tax.

3 Regulations under this section may—

a make different provision for different cases, and b contain incidental, supplemental, consequential and transitional provision and savings (including provision as to appeals in relation to apportionments mentioned in subsection (1)(d)).