SCHEDULEEXPENSES OF COMPANIES WITH INVESTMENT BUSINESS AND INSURANCE COMPANIES
Capital Allowances Act 2001
Giving of allowances: managing investments of company with investment business54
1
Section 253 of the Capital Allowances Act 2001 (investment companies) is amended as follows.
2
In subsection (1) (section applies if qualifying activity is management of an investment company) for “the management of an investment company” substitute “managing the investment business”.
3
The side note to the section, and the italic heading preceding it, accordingly each become “Companies with investment business”.