140(1)This paragraph applies for the purposes of—U.K.
(a)section 1288 of this Act (unpaid remuneration), and
(b)section 76ZL of ICTA (corresponding provision for companies carrying on life assurance business).
(2)In relation to a period of account ending before 27 November 2002, an amount charged in the accounts in respect of employees' remuneration includes an amount which is held by an intermediary with a view to its becoming employees' remuneration.
(3)In relation to a period of account ending on or after 27 November 2002, an amount charged in the accounts in respect of employees' remuneration includes an amount—
(a)in respect of employee benefit contributions (within the meaning of sections 1290 to 1296) made before that date, and
(b)which is held by an intermediary,
with a view to its becoming employees' remuneration.