Finance Act 2007

15(1)In section 432ZA(5) of ICTA (linked assets), for “432F” substitute “ 432E ”.U.K.

(2)In section 434A(2A) of that Act (computation of losses and limitation on relief), for “paragraph 2” substitute “ paragraph 2(1) ”.

(3)In the heading of section 88 of FA 1989, for “fraction” substitute “ share ”.

(4)In paragraph 17 of Schedule 7 to FA 1991 (transitional provisions for chargeable gains and unrelieved general annuity business)—

(a)in sub-paragraph (4), for the words after “in an accounting period” substitute “ is so much of the chargeable gains arising to the company in the accounting period as are referable to its basic life assurance and general annuity business. ”, and

(b)omit sub-paragraphs (4A) and (5).