# The Finance Act 2004, Sections 38 to 40 and 45 and Schedule 6 (Consequential Amendment of Enactments) Order 2004, Paragraph 5: Payment to trustees of approved profit sharing schemes


(1) Section 85 is amended as follows.
(2) In subsection (1), for paragraph (b) (expenditure to be treated as expenses of management) substitute—
“(b) if that company is a company with investment business, shall be treated as expenses of management deductible under section 75, or
(c) if that company is one in relation to which section 76 applies, shall be treated as expenses payable for the purposes of that section.”.

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Source: https://www.legislation.gov.uk/uksi/2004/2310/schedule/paragraph/5 (the official version)
Page: https://openlegislation.uk/finance-act-2004-sections-38-to-40-and-45-and-schedule-6-consequential-amendment-of-enactments-order-2004/schedule/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.