261 Special leasing: life assurance businessU.K.
This section has no associated Explanatory Notes
In the case of a company which is carrying on any life assurance business—
(a)subsections (3) to (6) of section 260, and
(b)section 403 of ICTA (group relief),
do not apply in relation to an allowance to which the company is entitled under section 19 (special leasing of plant or machinery).