SCHEDULES

SCHEDULE 8 U.K. Insurance companies: basis of taxation etc

Part 1 U.K. Amendments

Capital Allowances Act 2001 (c. 2) U.K.

24 U.K. In section 257(2) (life assurance: supplementary), for paragraphs (a) and (b) substitute—

“(a) section 85A(3) of the Finance Act 1989 (excess adjusted Case I profits), or

(b) section 89 of that Act (policy holders' share of profits).”