SCHEDULEEXPENSES OF COMPANIES WITH INVESTMENT BUSINESS AND INSURANCE COMPANIES
Capital Allowances Act 2001
Related definitions53
For section 18 of the Capital Allowances Act 2001 substitute—
Managing the investments of a company with investment business18
1
For the purposes of this Part, managing the investments of a company with investment business consists of pursuing those purposes expenditure on which would be treated as expenses of management within section 75 of ICTA.
2
In this Part “company with investment business” has the meaning given by section 130 of ICTA.