10(1)Section 82B of FA 1989 is amended as follows.U.K.
(2)In subsection (1) (section to apply where insurance company has unappropriated surplus on valuation and has not made an election in accordance with Rule 4.1(6) of the Prudential Sourcebook (Insurers) for the period of account in question) in paragraph (b), for “Rule 4.1(6)” substitute “ Rule 9.10(c) ”.
(3)The amendment made by this paragraph has effect in relation to periods of account ending on or after 31st December 2004.