Part 16Companies with investment business

Chapter 1Introduction

F11218AOverview of Part

(1)

This Part contains special rules for companies with investment business.

(2)

Chapters 2 and 3 provide relief for certain expenses of a company with investment business that are not relieved elsewhere.

(3)

Chapter 4 contains some restrictions on the relief.

(4)

There are provisions imposing liability to corporation tax in—

(a)

section 1229 (claw back of relief), and

(b)

Chapter 5 (companies with investment business: receipts).