Related Commentary  

867(1)  For the purposes of section 866 a debit in respect of employees' remuneration recognised for accounting purposes includes an amount reserved in the accounts of an employer with a view to its becoming employees' remuneration.

867(2)  For the purposes of section 866 it does not matter if the debit is in respect of–

(a)particular employments, or

(b)employments generally.

867(3)  Any adjustment required by section 866 of an accounting debit that is partly referable to an amount to which that section applies and partly to other matters must be made on a just and reasonable basis.

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