Related Commentary  

260(1)  Section 255(1) only applies if any expenditure involved in making the provision, the payment or the reimbursement is incurred in giving effect to existing arrangements providing–

(a)for the person incurring it to contribute to costs arising from the undertaking of individual learning account training by the employer's employees or former employees, and

(b)for such contributions to be generally available, on similar terms, to the employer's employees at that time.

260(2)  In subsection (1) “existing arrangements”  means arrangements in place when the agreement to incur the expenditure was made.

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