Corporation Tax Act 2009
This section has no associated Explanatory Notes
186In section 999 (deduction for costs of setting up SAYE option scheme or CSOP scheme), for subsection (5) substitute—
“(5)If—
(a)the company is a company in relation to which the I - E rules apply, and
(b)the expenses are referable, in accordance with Chapter 4 of Part 2 of FA 2012, to the company’s basic life assurance and general annuity business,
the expenses are treated for the purposes of section 76 of that Act as ordinary BLAGAB management expenses of the company.”