F1PART 2ASTRUCTURES AND BUILDINGS ALLOWANCES
Annotations:
Amendments (Textual)
CHAPTER 8GIVING EFFECT TO ALLOWANCES
Long-term business
C2270HGApportionment of allowances
1
This section applies if the long-term business of the company consists of—
a
basic life assurance and general annuity business, and
b
non-BLAGAB long-term business.
2
Any allowance under this Part to which the company is entitled for a chargeable period in respect of a management asset must be apportioned between the businesses in accordance with Chapter 7 of Part 2 of FA 2012.
Pt. 2A inserted (5.7.2019) by The Capital Allowances (Structures and Buildings Allowances) Regulations 2019 (S.I. 2019/1087), regs. 1, 2