MiscellaneousU.K.
51(1)The Taxes Act 1988 is amended as follows.U.K.
(2)Before section 432 insert the heading “ Separation of different categories of business ”.
(3)In the sidenote to section 432 for “classes” substitute “ categories ”.
(4)Before section 434 insert the heading “ Miscellaneous provisions relating to life assurance business ”.
(5)In the sidenote to section 436 for “Annuity business and pension business” substitute “ Pension business ”.