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Capital Allowances Act 2001

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol).

Transfer of insurance company business

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111Section 560 applies with—

(a)the substitution for subsection (1) of—

(1)This section applies if assets are transferred as part of, or in connection with, a transfer of the whole or part of the long term business of an insurance company to another company in accordance with a scheme sanctioned by a court under section 49 of the Insurance Companies Act 1982.; and

(b)the omission of subsection (2),

in relation to transfers sanctioned or authorised before 1st July 1994.

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