Regulation 4A F1

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”).”.