Section 72 — Finance Act 2008: Expenditure on required fire precautions

Expenditure on required fire precautions 72 1 In CAA 2001, omit section 29 (expenditure on required fire precautions).

2 In section 23(2) of that Act, omit “section 29 (fire safety);”.

3 In consequence of the amendment made by subsection (1)—

a in the Fire and Rescue Services Act 2004 (c. 21), omit paragraph 96 of Schedule 1, and b in the Fire and Rescue Services (Northern Ireland) Order 2006 ( S.I. 2006/1254 (N.I. 9)), omit paragraph 24 of Schedule 3 (and the entry relating to CAA 2001 in Schedule 4).

4 The amendments made by subsections (1) and (2) have effect—

a for corporation tax purposes, in relation to expenditure incurred on or after 1 April 2008, and b for income tax purposes, in relation to expenditure incurred on or after 6 April 2008.