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120(1)Section 246 (restriction of deduction for non-contributory provision) is amended as follows.U.K.
(2)In subsection (2), for paragraph (c) substitute—
“(c)are not to count as ordinary BLAGAB management expenses of the employer for an accounting period for the purposes of section 76 of FA 2012.”
(3)In subsection (3)(b), for “section 76 of ICTA” substitute “ section 76 of FA 2012 ”.