14After section 280 (statement of allocated disallowances: requirements), insert—E+W+S+N.I.
“280AStatement of allocated disallowances: dual resident investing companies
(1)This section applies in relation to a statement of allocated disallowances submitted under section 278 or 279 that (pursuant to section 280(4)) lists, and specifies an amount or amounts in relation to, a dual resident investing company.
(2)The statement does not comply with section 280(4) unless—
(a)the companies listed pursuant to paragraph (a) of that provision include each company to which this Chapter applies that—
(i)is not a dual resident investing company, and
(ii)has one or more financing expense amounts for the relevant period of account, and
(b)the financing expense amounts specified pursuant to paragraph (b) of that provision include, in relation to each such company, each such financing expense amount.”