43(1)In paragraph 10(1) of Schedule 19AC to the Taxes Act 1988, in the notionally inserted section 438(3A)—
(a)for “subsection (6)” substitute “subsections (6) and (6B)”;
(b)after “UK distribution income of ” insert “, or foreign income dividends arising to,”;
(c)after “taken into account” insert “—(a)”; and
(d)after “pension business” insert— “, or
(b)where the company is charged to tax in respect of its life assurance business under Case I of Schedule D, in computing the profits of that business.”.
(2)In paragraph 10(2) for “subsections (6) and (6A)” substitute “subsections (6), (6A), (6D) and (6E)”.