---
title: "The Investment Allowance and Cluster Area Allowance (Investment Expenditure) (Amendment) Regulations 2024"
id: 068868ca-54e1-4b09-a4e5-7abd38333b4b
authority: uk
place: "United Kingdom"
applies_also_from: []
kind: regulation
in_force: true
publisher_url: https://www.legislation.gov.uk/uksi/2024/395
attribution: "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
solon_url: https://solon.orangecat.ch/law/068868ca-54e1-4b09-a4e5-7abd38333b4b
language: en
in_force_from: 2024-04-11
date_basis: publisher
status: consolidated
source_url: https://www.legislation.gov.uk/uksi/2024/395/data.xml
read_on: 2026-11-10
sha256: d16331753515747bfd01cbc0e3213e9473a63bd77f20d88d707f35568c72803b
provisions: 3
---

# The Investment Allowance and Cluster Area Allowance (Investment Expenditure) (Amendment) Regulations 2024

## Title and introductory text {#prelims}

2024 No. 395
Corporation Tax
The Investment Allowance and Cluster Area Allowance (Investment Expenditure) (Amendment) Regulations 2024
Made
18th March 2024
Laid before the House of Commons
20th March 2024
Coming into force
11th April 2024
The Treasury, in exercise of the powers conferred by sections 332BA and 356JE of the Corporation Tax Act 2010, makes the following Regulations.

## 1 Citation, commencement and effect {#regulation-1}

(1) These Regulations may be cited as the Investment Allowance and Cluster Area Allowance (Investment Expenditure) (Amendment) Regulations 2024 and come into force on 11th April 2024.
(2) These Regulations have effect in relation to any expenditure that is incurred on or after that date.

## 2 Amendment of the Investment Allowance and Cluster Area Allowance (Investment Expenditure) Regulations 2017 {#regulation-2}

(1) The Investment Allowance and Cluster Area Allowance (Investment Expenditure) Regulations 2017 are amended as follows.
(2) In regulation 3(6)—
(a) in the definition of “facility”, in paragraph (b) for “a subsea” substitute “an”;
(b) in the definition of “upstream petroleum infrastructure”, for “has the meaning given by section 9H of the Petroleum Act 1998” substitute “has the meaning given in section 18(1) of the Energy (Oil and Gas) Profits Levy Act 2022”.