Where in compliance with a notice given under Regulation 2(2) a company makes the payment without deducting tax which, but for the notice, it would have been required to deduct in accordance with section 53 or 54 of the Income and Corporation Taxes Act 1970, the payment shall be treated for the purposes of section 248(4) of that Act (which prohibits certain payments from being treated as charges on income for corporation tax) as if the company had deducted that tax in accordance with the said section 53 or 54 and had accounted for it under Part XI of that Act.