# The Capital Allowances (Structures and Buildings Allowances) Regulations 2019, Regulation 11: Amendment to the Friendly Societies (Modifications of the Tax Acts) Regulations 2012


In the Friendly Societies (Modifications of the Tax Acts) Regulations 2012, after regulation 4 insert—
“4A. Section 270HG of CAA 2001 (structures and buildings allowances: apportionment of allowances) applies as if for subsection (1) there were substituted—
“(1) This section applies if the long-term business of the company consists of two or more of—
(a) basic life assurance and general annuity business,
(b) non-BLAGAB long-term business, or
(c) tax exempt business.
(1A) In subsection (1)(c) “tax exempt business” has the same meaning as in section 57A of FA 2012 (section 57: meaning of “tax exempt business”).”.”.

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Source: https://www.legislation.gov.uk/ukdsi/2019/9780111187746/regulation/11 (the official version)
Page: https://openlegislation.uk/draft-capital-allowances-structures-and-buildings-allowances-regulations-2019/regulation-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.