Modifications etc. (not altering text)
C1Sch. 12 modified (with effect as specified in art. 2 of the commencing S.I. of the commencing S.I.) by Finance Act 2004 (c. 12), s. 53(2)(6); S.I. 2004/3268, art. 2
19(1)In this Schedule—
“life assurance business” has the meaning given in section 431(2) of the Taxes Act 1988;
“research and development” has the meaning given by section 837A of the Taxes Act 1988.
(2)Section 839 of the Taxes Act 1988 (connected persons) applies for the purposes of this Schedule.