# Finance Act 2012, Section 72: Companies carrying on only PHI business


Nothing in—
(a) this Part, or
(b) any other provision of the Corporation Tax Acts that makes special provision in relation to, or by reference to, long-term business carried on by insurance companies,
is to apply in relation to a company which carries on long-term business which consists wholly of PHI business.

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Source: https://www.legislation.gov.uk/ukpga/2012/14/section/72 (the official version)
Page: https://openlegislation.uk/finance-act-2012/section-72
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.