SCHEDULES
SCHEDULE 33Insurance companies
Case I profits
4
1
In section 83AA of the Finance Act 1989 (c. 26) (amounts added to long-term insurance fund of a company in excess of company’s loss), omit—
a
subsections (3) to (5),
b
subsection (6)(a),
c
subsection (7)(b) and the word “and” before it, and
d
in subsection (10), the definitions of “the relevant accounting period” and “the transferor company”.
2
Sub-paragraph (1) has effect for periods of account beginning on or after 1st January 2003.