SCHEDULES

SCHEDULE 28 LIFE POLICIES, LIFE ANNUITIES AND CAPITAL REDEMPTION POLICIES

Part 1 ASSIGNMENT OR SURRENDER OF PART OF THE RIGHTS

Interpretation

2

In section 539 (introductory) after subsection (3) insert—

“(3A)

References in this Chapter to assignment of the whole of, or assignment of part of or a share in, the rights conferred by a policy or contract shall, in any case where section 546A applies, be construed in accordance with that section.”.