Finance Act 2012
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
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.
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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