In section 432B of ICTA (apportionment of receipts brought into account) in subsection (1), for “class” substitute “ category ”.

In section 444A of ICTA (transfers of business) in subsection (3), for “class” substitute “ category ”.

In Schedule 12 to FA 1997 (leasing arrangements: finance leases and loans) in paragraph 19 (companies carrying on life assurance business) in sub-paragraph (2), for “class” substitute “ category ”.

In Schedule 29 to FA 2002 (gains and losses of a company from intangible fixed assets) in paragraph 138 (interpretation provisions relating to insurance companies) in sub-paragraph (3), for “class” substitute “ category ”.

The amendments made by this paragraph have effect in relation to periods of account beginning on or after 1st January 2005.