SCHEDULES

SCHEDULE 10Insurance companies: miscellaneous

Tidying up of Chapter 2 of Part 4 of FA 1996

6

(1)

Chapter 2 of Part 4 of FA 1996 (loan relationships) is amended as follows.

(2)

In section 103(3) (loan relationships: interpretation), omit “or” at the end of paragraph (a) and after paragraph (b) insert“or

(c)

any basic life assurance and general annuity business,”.

F1(3)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(4)

In Schedule 11, omit paragraph 1(1A) to (1C).