Corporation Tax Act 2009 section 253

Regulations

Section 253 gives the Treasury the power to make regulations governing the deduction for expenditure on energy-saving items in dwelling-houses under a property business.

• The Treasury can restrict or reduce the amount of expenditure qualifying for the energy-saving items deduction, or exclude entitlement to the deduction in specified circumstances.
• Where different persons hold different interests in land containing one or more dwelling-houses, regulations can determine who is and who is not entitled to claim the deduction.
• Where a property business is carried on in partnership or an interest in land is jointly or commonly owned, the Treasury can make regulations to apportion the deduction — including apportionments to persons within the charge to income tax.
• Any regulations made under this section may include different provision for different cases, as well as incidental, supplemental, consequential and transitional provisions, savings, and rules about appeals relating to apportionments.