Section 270HF Application of sections 270HG and 270HHF1

Sections 270HG and 270HH apply if a company which is carrying on any long-term business is entitled to an allowance under this Part for a chargeable period in respect of a relevant interest in a building or structure consisting of a management asset.

In this section and section 270HG, “management asset” has the same meaning as in Chapter 1 of Part 12 (long-term business).