# Finance Act 2012, Paragraph 186


In section 999 (deduction for costs of setting up SAYE option scheme or CSOP scheme), for subsection (5) substitute—
“(5) If—
(a) the company is a company in relation to which the I - E rules apply, and
(b) the expenses are referable, in accordance with Chapter 4 of Part 2 of FA 2012, to the company's basic life assurance and general annuity business,
the expenses are treated for the purposes of section 76 of that Act as ordinary BLAGAB management expenses of the company.”

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/16/paragraph/186 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-16/paragraph-186
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.