Regulation 12 Apportionment in relation to unrelieved FAFTS charge

This regulation applies to an amount treated as a relevant computational item under paragraph 16 of Schedule 17.

The relevant computational item must be apportioned between the businesses described in paragraphs 8(1)(a) and (b) of Schedule 17 in the same proportion as if it was an amount to which the Financing-Arrangement-Funded Transfers to Shareholders Regulations 2008^f1 applied and the relevant computational item was a section 83YC(3) amount within the meaning of those Regulations.