Corporation Tax Act 2009

145 (1) Amend section 444AEA (transfer schemes: anti-avoidance rule) as follows. U.K.

(2) In subsection (1)—

(a) in paragraph (a) for “Case I” substitute “ life assurance trade profits ”, and

(b) in paragraph (b) omit “Case I”.

(3) In subsection (3)—

(a) for “Case I advantage” substitute “ life assurance trade profits advantage ”, and

(b) omit “transferor's Case I”.

(4) In subsection (4)—

(a) for “Case I advantage” substitute “ life assurance trade profits advantage ”, and

(b) omit “transferee's Case I”.