CIRD20015 - Reinvestment relief: general matters and conditions to be satisfied: provisional entitlement to relief

FA02/SCH29/PARA43

This paragraph sets out procedures for reinvestment relief under Schedule 29 on a provisional basis where a company intends to incur expenditure on other assets within the time limit. These procedures are parallel to those for the CG roll-over relief under TCGA92/S153A.

The guidance at CG60700 onwards should be followed insofar as it is applicable to CT.