372AU Saver for relief due, and for clawback of relief given under, old schemes.

(1) Where, but for the repeal by section 24(3) of the Finance act, 2002, of the provision concerned, a person would, in computing the amount of a surplus or deficiency in respect of rent from any premises—

(a) be entitled to a deduction, or

(b) be deemed to have received an amount as rent,

under—

(i) section 325, 326 or 327,

(ii) section 334, 335 or 336,

(iii) section 346, 347 or 348,

(iv) section 356, 357 or 358, or

(v) section 361, 362, or 363,

then, notwithstanding that repeal, the person is entitled to that deduction or is deemed to have received that amount as rent, as the case may be, under this Chapter, and accordingly this Chapter applies with any modifications necessary to give effect to this subsection.

(2) Where, but for the repeal by section 24(3) of the Finance act, 2002, of the provision concerned, a person would, in the computation of his or her total income for any year of assessment, be entitled to a deduction under—

(a) section 328,

(b) section 337,

(c) section 349, or

(d) section 364,

then, notwithstanding that repeal, the person is entitled to that deduction for that year of assessment under this Chapter, and accordingly this Chapter applies with any modifications necessary to give effect to this subsection.