{
  "url": "https://openlegislation.uk/draft-capital-allowances-structures-and-buildings-allowances-regulations-2019/regulation-8",
  "json_url": "https://openlegislation.uk/draft-capital-allowances-structures-and-buildings-allowances-regulations-2019/regulation-8.json",
  "legislation": "ukdsi/2019/9780111187746",
  "legislation_title": "The Capital Allowances (Structures and Buildings Allowances) Regulations 2019",
  "legislation_url": "https://openlegislation.uk/draft-capital-allowances-structures-and-buildings-allowances-regulations-2019",
  "path": "regulation/8",
  "kind": "regulation",
  "number": "8",
  "heading": "Amendments to the Finance Act 2009",
  "text": "(1) Schedule 61 to the Finance Act 2009 (alternative finance investment bonds) is amended as follows.\n(2) In paragraph 14 (treatment for purposes of capital allowances)—\n(a) in sub-paragraph (2), for paragraph (b) substitute—\n“(b) a building or structure (or part of a building or structure).”,\n(b) in sub-paragraph (3)(b), at the beginning insert “in a case within sub-paragraph (2)(a),”, and\n(c) in sub-paragraph (3), at the end insert—\n“; and\n(c) in a case within sub-paragraph (2)(b), Q is not to be regarded as acquiring, and P is not to be regarded as ceasing to have, the relevant interest in the asset by virtue of that transaction.”.\n(3) In paragraph 16—\n(a) in sub-paragraph (2), for paragraph (b) substitute—\n“(b) a building or structure (or part of a building or structure).”,\n(b) in sub-paragraph (4), for the words from “, Q is to be treated” to the end substitute—\n“—\n(a) in a case within sub-paragraph (2)(a), Q is to be treated as becoming, and P is to be treated as ceasing to be, the owner of the asset, and\n(b) in a case within sub-paragraph (2)(b), Q is to be treated as acquiring, and P is to be treated as ceasing to have, the relevant interest in the asset.”,\n(c) omit sub-paragraph (5)(b) and the “and” before it, and\n(d) omit sub-paragraph (6)(b) and the “and” before it.\n(4) In paragraph 17—\n(a) in sub-paragraph (2), for paragraph (b) substitute—\n“(b) a building or structure (or part of a building or structure).”,\n(b) in sub-paragraph (4), for the words from “, that other person” to the end substitute—\n“—\n(a) in a case within sub-paragraph (2)(a), that other person is to be treated as becoming, and P is to be treated as ceasing to be, the owner of the asset, and\n(b) in a case within sub-paragraph (2)(b), that other person is to be treated as acquiring, and P is to be treated as ceasing to have, the relevant interest in the asset.”,\n(c) omit sub-paragraph (5)(b) and the “and” before it, and\n(d) omit sub-paragraph (6)(b) and the “and” before it.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "2009 c. 10."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukdsi/2019/9780111187746/regulation/8",
    "retrieved_at": "2026-10-30T14:59:42.691816+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}