SCHEDULES
SCHEDULE 1Minor and consequential amendments
Part 1Income and Corporation Taxes Act 1988
233
In Part 1 of Schedule 15 (qualifying policies for the purposes of section 267) after paragraph 20 insert—
Meaning of “industrial assurance business”
20A
In this Part of this Schedule “industrial assurance business” means any industrial assurance business within the meaning given by—
a
section 1(2) of the Industrial Assurance Act 1923, or
b
Article 3(1) of the Industrial Assurance (Northern Ireland) Order 1979,
which was carried on before 1 December 2001.