SCHEDULES

SCHEDULE 17Insurance companies etc

Repeal of ICTA s.56(4)

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1

In section 56 of ICTA (transactions in deposits and debts), omit subsection (4) (which relates to section 76(2) computations and is spent).

2

In consequence of sub-paragraph (1), in section 164 of FA 1996, omit subsection (4) (which amends section 56(4) of ICTA).