Finance Act 2001 (c. 9)

SCHEDULES

SCHEDULE 28 U.K. LIFE POLICIES, LIFE ANNUITIES AND CAPITAL REDEMPTION POLICIES

Part 1 U.K. ASSIGNMENT OR SURRENDER OF PART OF THE RIGHTS

Corresponding deficiency relief U.K.

13 In section 549(1) (deduction from individual’s total income where deficiency occurs at end of final year, so far as not exceeding total amount treated as gain by virtue of section 541(1)(d) or 543(1)(c)) for “or 543(1)(c)” substitute “ , 543(1)(c) or 546C(7)(b) ”.