Section 270HF | Application of sections 270HG and 270HH ^F1

(1)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.

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