91Payments to Export Credits Guarantee DepartmentU.K.
This section has no associated Explanatory Notes
In calculating the profits of a trade, a deduction is allowed for a sum payable by the person carrying on the trade to the Export Credits Guarantee Department—
(a)under an agreement entered into as a result of arrangements made under section 2 of the Export and Investment Guarantees Act 1991 (c. 67) (insurance in connection with overseas investment), or
(b)with a view to entering into such an agreement.