Finance Act 2007

Finance Act 1989 (c. 26)

12In section 83(6)(c) (receipts to be taken into account), for the words from “the reinsurer” to the end substitute “section 431G(3)(a) of the Taxes Act 1988 (pure reinsurance) applies to the reinsurer under the contract for the accounting period of the reinsurer during which the transfer of business occurs”.