SCHEDULES

SCHEDULE 7 U.K.Insurance business: gross roll-up business etc

Part 1 U.K.Amendments

Income and Corporation Taxes Act 1988 (c. 1) U.K.

51 (1) Section 804D (interpretation of section 804C in relation to life assurance business etc) is amended as follows. U.K.

(2) In subsection (1), for “a category of life assurance business” substitute “ gross roll-up business ”.

(3) In subsection (3), for “432F” substitute “ 432G ”.