Finance Act 2017

Amendment of section 99A of Finance Act 1999 (relief for qualifying road transport operators)

52. Section 99A(5) of the Finance Act 1999 is amended—

(a) in paragraph (b) by substituting “obligations,” for “obligations, or,”,

(b) in paragraph (c) by substituting “obligations, or” for “obligations.”, and

(c) by inserting the following after paragraph (c):

“(d) the qualifying road transport operator is regarded as an undertaking in difficulty for the purposes of the Commission Guidelines on State aid for rescuing and restructuring non-financial undertakings in difficulty 18 .”.

18OJ No. C249, 31.7.2014, p.1