Corporation Tax Act 2009
This section has no associated Explanatory Notes
185In section 985 (references to a deduction being allowed to a company), for subsection (4) substitute—
“(4)If—
(a)the company is a company in relation to which the I - E rules apply, and
(b)the expenses are referable, in accordance with Chapter 4 of Part 2 of FA 2012, to the company’s basic life assurance and general annuity business,
the expenses are treated for the purposes of section 76 of that Act as ordinary BLAGAB management expenses of the company.”