# Corporation Tax Act 2009, Section 130A: Insurers in financial difficulties: write-down orders


(1) A receipt or expense that is attributable to the operation of a write-down order, or to a write-down order ceasing to have effect, is not brought into account in calculating the profits of a trade.
(2) In this section “write-down order” means an order under section 377A of the Financial Services and Markets Act 2000 (court order writing down liabilities of insurer).

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Source: https://www.legislation.gov.uk/ukpga/2009/4/section/130A (the official version)
Page: https://openlegislation.uk/corporation-tax-act-2009/section-130A
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.