SCHEDULES

SCHEDULE 17Insurance companies etc

Trades in I minus E

28

F11

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F12

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3

In section 432AB(5) (losses from Schedule A business etc), for “section 392A or 392B” substitute “ sections 392A and 503, or section 392B, ”.

4

The amendments made by this paragraph have effect in relation to accounting periods beginning on or after 1 January 2008.