104Repayments under FISMA 2000U.K.
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(1)This section applies if—
(a)a company carries on a trade, and
(b)a payment is made to the company as a result of a repayment provision.
(2)The payment is brought into account as a receipt in calculating the profits of the trade.
(3)For the purposes of this section “repayment provision” means—
(a)any provision made by virtue of section 136(7) or 214(1)(e) of FISMA 2000, or
(b)any provision made by scheme rules for fees to be refunded in specified circumstances.
(4)In this section “scheme rules” means the rules referred to in paragraph 14(1) of Schedule 17 to FISMA 2000.