SCHEDULES
SCHEDULE 31Life assurance business losses
Enactments disapplying section 83(3) of the Finance Act 1989
7
(1)
The following provisions of the Taxes Act 1988 (each of which provides for section 83(3) of the Finance Act 1989 not to apply in certain cases) shall cease to have effect—
(a)
section 436(3)(aa);
(b)
section 439B(3)(b); and
(c)
section 441(4)(aa).
(2)
In consequence of sub-paragraph (1)(b) and (c) above, the word “and” shall be added at the end of section 439B(3)(a) and section 441(4)(a) of the Taxes Act 1988.