{
  "url": "https://openlegislation.uk/finance-act-2009/schedule-11/paragraph-57",
  "json_url": "https://openlegislation.uk/finance-act-2009/schedule-11/paragraph-57.json",
  "legislation": "ukpga/2009/10",
  "legislation_title": "Finance Act 2009",
  "legislation_url": "https://openlegislation.uk/finance-act-2009",
  "path": "schedule/11/paragraph/57",
  "kind": "paragraph",
  "number": "57",
  "heading": null,
  "text": "(1) Section 1251 (car or motor cycle hire: companies with investment business) is amended as follows.\n(2) In subsection (1), for the words from “or motor cycle”, in the first place, to the end substitute\n“which is not—\n(a) a car that is first registered before 1 March 2001,\n(b) a car that has low CO2 emissions,\n(c) a car that is electrically propelled, or\n(d) a qualifying hire car.”\n(3) In subsection (2), for the words from “multiplying” to the end substitute “ 15% ”.\n(4) In subsection (4)(b), for “multiply that amount by the fraction set out in subsection (2) above” substitute “ reduce that amount by 15% ”.\n(5) In subsection (5)(a), (b) and (c), omit “or motor cycle”.\n(6) Omit subsection (6).\n(7) In subsection (7)—\n(a) omit “or motor cycle”, and\n(b) for “58 (hiring cars with low CO2 emissions before 1 April 2013)” substitute “ 58A (short-term hiring in and long-term hiring out) ”.\n(8) After that subsection insert—\n“(8) For the purposes of section 58B of this Act and section 50B of ITTOIA 2005 (connected persons: application of restrictions), this section is to be treated as if it were part of section 56 of this Act.”\n(9) In the heading, omit “or motor cycle”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/10/schedule/11/paragraph/57",
    "retrieved_at": "2026-10-29T09:11:08.872832+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."
}