5(1)In section 83AB(1)(c) of the Finance Act 1989 (treatment of surplus where there is a subsequent transfer of business from company etc)—U.K.
(a)omit sub-paragraph (i), and
(b)in sub-paragraph (ii), for “that section” substitute “ section 83AA above ”.
(2)Sub-paragraph (1) has effect for periods of account beginning on or after 1st January 2003.