233 Tax relief for certain receipts of an electing participator
Finance Act 1994 (1994 c 9) | Legislation

233  Tax relief for certain receipts of an electing participator

(1)     If any sum—

(a)     is received or receivable by the electing participator on or after the date of an election, and

(b)     is so received or receivable from [any person] in respect of the use, [otherwise than in connection with a taxable field], of an asset to which the election applies or the provision of services or other business facilities of whatever kind in connection with that use, and

(c)     would, apart from this section, constitute a tariff receipt attributable to the field to which the election applies,

that

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