4(1)In section 436 of that Act (general annuity business and pension business: separate charge on profits) in subsection (1)—
(a)the words “general annuity business or” shall cease to have effect, and
(b)in paragraph (a), for the words “the business of each such class” there shall be substituted the words “that business”.
(2)In subsection (3) of that section—
(a)in paragraph (c), the words “or general annuity business”, and
(b)in paragraph (e), the words “general annuity business or”,
shall cease to have effect.
(3)In subsection (4) of that section, the words “general annuity business or” shall cease to have effect.
(4)In section 437 of that Act (general annuity business) subsections (2) to (5) shall cease to have effect.