SCHEDULES
SCHEDULE 2Transitionals and savings etc.
Part 6Savings and investment income: insurance contracts and policies made before certain dates
Pre-27th March 1974 policies and contracts: disapplication of section 500(c)
97Section 500(c) (events treated as part surrenders: loan by insurer) does not apply to a policy issued in respect of an insurance made before 27th March 1974 or a contract made before that date.