[F1901Effect of application of the I - E basis: non-trading amountsU.K.
This section has no associated Explanatory Notes
In the application of the I - E rules in relation to a company's basic life assurance and general annuity business, the provisions of this Part need to be read with section 88 of FA 2012 (which provides for the activities carried on by the company in the course of that business not to constitute the whole or any part of a trade or of a property business).]
Textual Amendments
F1S. 901 substituted (17.7.2012) by Finance Act 2012 (c. 14), Sch. 16 para. 179
Modifications etc. (not altering text)