# Finance Act 2012, Paragraph 121


In section 246A(4)(c) (case where no relief for provision by an employer), for “brought into account at Step 1 in section 76(7) of ICTA (expenses of insurance companies) in respect of the employer” substitute “ ordinary BLAGAB management expenses of the employer for an accounting period for the purposes of section 76 of FA 2012 ”.

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/16/paragraph/121 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-16/paragraph-121
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.