(1)In section 52(3) of CAA 2001 (amount of first-year allowances), for the two entries in the table relating to section 45F substitute—
| “Expenditure qualifying under section 45F (expenditure for use wholly in a ring fence trade) | 100%”. |
(2)The amendment made by subsection (1) has effect in relation to expenditure incurred on or after 12 March 2008.