Section 67B — Corporation Tax Act 2010: Exclusion in the case of property businesses of insurance companies

Exclusion in the case of property businesses of insurance companies 67B 1 This Chapter does not apply for the purpose of applying the I - E rules in relation to a loss made by an insurance company in any of its separate UK property businesses or overseas property businesses within section 86(4) of FA 2012.

2 But in the case of a loss which is referable, in accordance with Chapter 4 of Part 2 of that Act, to the company's basic life assurance and general annuity business, see section 87(3) and (4) of that Act.